- Pecoy Copper entered subscription agreements for a C$49.8 million private placement
- Hudbay Minerals will invest C$30.1 million for 14,914,100 shares at C$2.02 each
Hudbay Minerals and a strategic investor subscribe for shares at a 10% premium to VWAP. Proceeds fund exploration at the Pecoy copper-gold project in Peru. Closing expected Nov 5.
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