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Stock impact report

Hudbay Comments on Activist Withdrawal of Special Meeting Requisition and Announced Intention to Propose Dissident Director Nominees to the Board 

Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM) 
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm Check Earnings Report
Company Research Source: GlobeNewswire
TORONTO, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today announced that Waterton Global Resource Management, Inc., on behalf of certain funds managed by it (collectively, “Waterton”) has withdrawn its special meeting requisition for the purpose of considering an advisory resolution. Accordingly, the company will cancel the shareholder meeting it had previously set for February 28, 2019. As the company noted in its November 13, 2018 press release, the Board welcomes constructive engagement with all shareholders. The Chair of the Board and another independent director met with Waterton on November 1, 2018. Following this meeting, Waterton provided a list of demands to the Board that were entirely disproportionate to its ownership interest and would give Waterton unique rights and powers held by no other shareholder. Among the items of significant concern was Waterton’s request to gain access to confidential company information Show less Read more
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