Immediately prior to giving effect to these dispositions, Waterton owned and exercised control or direction over, in the aggregate, 37,855,287 Common Shares, representing approximately 14.45% of the issued and outstanding Common Shares. Immediately after giving effect to these dispositions Waterton now owns and exercises control or direction over, in the aggregate, 29,855,287 Common Shares, representing approximately 11.40% of the issued and outstanding Common Shares. Waterton disposed of the Common Shares in order to monetize a portion of their investment in Hudbay.
Waterton may, depending on market and other conditions, acquire additional Common Shares through market transactions, private agreements, treasury issuances, exercise of warrants, or otherwise, or may sell all or some portion of the Common Shares, or may continue to hold the Common Shares. For further information and to obtain a copy of the early warning report filed by Waterton, please see Hudbay's profile on the SEDAR website www.sedar.com or contact
The head office address of Hudbay is
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