Hudbay Minerals Inc 6-K, filed Jan 24, 2020
Hudbay Minerals Inc. (HBM)
About this 6-K
Hudbay Minerals Inc filed this 6-K on January 24, 2020.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2020
Commission File Number: 001-34244
HUDBAY MINERALS INC. (Translation of registrant’s name into English)
25 York Street, Suite 800 Toronto, Ontario M5J 2V5, Canada (Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [X]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____________________________
EXPLANATORY NOTE
On January 22, 2020, Hudbay Minerals Inc. (“Hudbay”) filed on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com the following document: (1) News Release dated January 22, 2020. On January 23, 2020, Hudbay filed on SEDAR the following document: (2) Material Change Report dated January 23, 2020.
Copies of the filings are attached to this Form 6-K and incorporated herein by reference, as follows:
| 99.1 | exhibit99-1.htmNews Release dated January 22, 2020 |
|---|---|
| 99.2 | Material Change Report dated January 23, 2020exhibit99-2.htm |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| HUDBAY MINERALS INC. | |
|---|---|
| (registrant) | |
| By: | /s/ Patrick Donnelly |
| Name: | Patrick Donnelly |
| Title: | Vice President and General Counsel |
Date: January 24, 2020
EXHIBIT INDEX
The following exhibits are furnished as part of this Form 6-K:
| Exhibit | Description |
|---|---|
| 99.1 | exhibit99-1.htmNews Release dated January 22, 2020 |
| 99.2 | Material Change Report dated January 23, 2020exhibit99-2.htm |
Hudbay Minerals Inc.: Exhibit 99.1 - Filed by newsfilecorp.com
| TSX, NYSE – HBM 2020 No. 1 |
|---|
| News Release |
Hudbay Announces Appointment of Peter Kukielski as President and Chief Executive Officer
Toronto, Ontario, January 22, 2020 – Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today announced the appointment of Peter Kukielski as the company’s President and Chief Executive Officer. Mr. Kukielski had been serving as Interim President and Chief Executive Officer since July 2019.
“We are very pleased to appoint Peter as Hudbay’s President and Chief Executive Officer,” said Stephen A. Lang, Hudbay’s Board Chair. “The Board completed a thoughtful and robust process and we believe Peter’s 30-plus years of mining industry leadership, together with his admirable performance while serving in the CEO role on an interim basis, make him the right choice to lead Hudbay.”
“I’m honoured that the Board has given me their full confidence to serve as Hudbay’s CEO,” said Mr. Kukielski. “Hudbay has a high quality portfolio of operating assets and growth opportunities and we are well positioned to continue to unlock value within our own portfolio. Our management team is second to none in their ability to explore, develop and operate, as well as in their strong relationships with the communities in which we operate. We will continue to focus on being a leading base metals mining company to the benefit of all of our stakeholders.”
Mr. Kukielski has more than 30 years of extensive global experience within the base metals, precious metals and bulk materials sectors. Most recently, he was President and Chief Executive Officer of Nevsun Resources Ltd. until its acquisition in December 2018. From 2013 to 2017, Mr. Kukielski was Chief Executive Officer of Anemka Resources, a private company formed to invest in global mining assets. From 2008 to 2013, he was the Chief Executive, Mining for ArcelorMittal, responsible for 27 operating mines and three major development projects. From 2006 to 2008, Mr. Kukielski was the Chief Operating Officer of Teck Resources and before that he held a number of senior roles at Falconbridge and other international mining companies.
| TSX, NYSE – HBM 2020 No. 1 |
|---|
About Hudbay
Hudbay (TSX, NYSE: HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal. With assets in North and South America, the company is focused on the discovery, production and marketing of base and precious metals. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company’s growth strategy is focused on the exploration and development of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay’s vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Hudbay’s mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com.
For further information, please contact:
Candace Brûlé
Director, Investor Relations
(416) 814-4387 candace.brule@hudbay.com
2
Hudbay Minerals Inc.: Exhibit 99.2 - Filed by newsfilecorp.com
Form 51-102F3
MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
Hudbay Minerals Inc. ("Hudbay") 25 York Street, Suite 800 Toronto, Ontario M5J 2V5
Item 2. Date of Material Change
January 22, 2020
Item 3. News Release
Hudbay issued a news release with respect to the material change referred to in this report on January 22, 2020. The news release was disseminated through the newswire services of GlobeNewswire. A copy of the news release is available on SEDAR at www.sedar.com and will be available on EDGAR at www.sec.gov.
Item 4. Summary of Material Change
On January 22, 2020, Hudbay announced the appointment of Peter Kukielski as the company's President and Chief Executive Officer.
Item 5. Full Description of Material Change
On January 22, 2020, Hudbay announced the appointment of Peter Kukielski as the company's President and Chief Executive Officer. Mr. Kukielski had been serving as Interim President and Chief Executive Officer since July 2019.
Mr. Kukielski has more than 30 years of extensive global experience within the base metals, precious metals and bulk materials sectors. Most recently, he was President and Chief Executive Officer of Nevsun Resources Ltd. until its acquisition in December 2018.
Item 6. Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable.
Item 7. Omitted Information
Not applicable.
Item 8. Executive Officer
The following senior officer of Hudbay is knowledgeable about the material change and this report:
Patrick Donnelly
Vice President and General Counsel
416-362-2576
Item 9. Date of Report
January 23, 2020