Hudbay and Copper Mountain Combine to Create a Premier...

Hudbay and Copper Mountain Combine to Create a Premier Americas-Focused Copper ProducerCreates 150,000-tonnes-per-year copper producer with long-life mines and a world-class pipeline of organic copper growth projectsCombined company creates the 3rd largest copper producer in CanadaAll-share combination based on strong industrial logic and compelling value for shareholdersComplementary assets with opportunity to unlock US$30 millioni per year in operating efficiencies and corporate synergiesRepositions the combined company for a valuation re-rate as a larger, more diversified copper producer with enhanced liquidity