OTC : ASCUF

Arizona Sonoran Copper Company Inc. — News

$5.82 USD

$0.33 (5.97%)

Volume
5.94K
Average Volume
2.57M
Market Capitalization
$1.22B
P/E Ratio
-41.81
Dividend Yield
0.00%
Price Target
Year High
$6.09
Year Low
$5.40
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$2.12
Source Headline
Hudbay Completes Acquisition of Arizona Sonoran to Create the Third Largest Copper District in North America

TORONTO, June 24, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) is pleased to announce the closing of its previously announced acquisition of Arizona Sonoran Copper Company Inc. (“Arizona Sonoran”) by way of a court-approved plan of arrangement, pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Arizona Sonoran, not already owned by Hudbay, effective as of today's date (the “Transaction”). Arizona Sonoran is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Arizona Sonoran shareholders (other than Hudbay) received 0.242 of a Hudbay common share for each Arizona Sonoran common share (each, an “ASCU Share”) held immediately prior to the effective time of the Transaction or, in the case of former holders of options, restricted share units and deferred share units of Arizona Sonoran, for each ASCU Share held immediately following the effective time of the Transaction.

globenewswire.com - 2026-06-24 08:45:00

Arizona Sonoran Securityholders Approve Hudbay Transaction with over 99% of Votes Cast FOR

CASA GRANDE, Ariz. & TORONTO--(BUSINESS WIRE)---- $ASCU #Arizona--ASCU is pleased to announce that Securityholders voted in favour of approving the Plan of Arrangement at the special meeting held earlier today.

businesswire.com - 2026-05-11 17:00:00

Get ASCUF Insider Trade Alerts

ASCUF Price Target Summary

Last Month

0 analysts

Last Quarter

0 analysts

Last Year

0 analysts

All Time

0 analysts

ASCUF Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade