TSX- and NYSE-listed Hudbay Minerals has communicated to its shareholders the positive momentum behind the company’s proxy campaign, as waged against the company by Waterton Global Resource Management.
On April 17, Hudbay’s largest shareholder, with a 13.4% of shares, confirmed its intention to vote in support of Hudbay’s ten director nominees, while independent analysts also indicated support to Hubday’s slate of director nominees.