Hudbay Files Early Warning Report for American Copper Development Corporation

Core Viewpoint - Hudbay Minerals Inc. has sold 1,000,000 common shares of American Copper Development Corporation for C$160,710, reducing its ownership from approximately 10.7$0.1607 per share, resulting in total consideration of C$160,710 [1]. - Prior to the transaction, Hudbay held 1,979,319 common shares of American Copper, which represented about 10.7% of the total shares [2]. - After the transaction, Hudbay will own 979,319 common shares, equating to approximately 5.3% of American Copper's outstanding shares [2]. Group 2: Company Overview - Hudbay is a copper-focused critical minerals company with operations in Canada, Peru, and the United States [6]. - The company's operating portfolio includes the Constancia mine in Peru, Snow Lake operations in Manitoba, and the Copper Mountain mine in British Columbia [7]. - Hudbay's growth pipeline features projects such as Copper World in Arizona, Mason in Nevada, and Llaguen in Peru, along with various expansion and exploration opportunities [7]. Group 3: Company Mission and Values - Hudbay's purpose statement emphasizes care for people, communities, and the planet, aiming to provide essential metals sustainably [8]. - The company's mission is to create sustainable value and strong returns through community relations, focused exploration, mine development, and efficient operations [8].