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NORSEMONT MINING ANNOUNCES COMPLETION OF COMPULSORY ACQUISITION BY HUDBAY MINERALS
Jul. 6, 2011 (Canada NewsWire Group) -- TORONTO, July 6, 2011 /CNW/ - Norsemont Mining Inc....
About this update from Hudbay Minerals Inc
[{"type":"text","content":"\n\n\n Jul. 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, July 6, 2011 /CNW/ - Norsemont Mining Inc. (the "Company") (TSX:NOM, BVL:NOM) announced today\n HudBay Minerals Inc. ("HudBay") (TSX:HBM) (NYSE:HBM) has successfully\n acquired the 2,562,313 remaining common shares of the Company not already owned by HudBay,\n representing approximately 2.2% of the issued and outstanding common\n shares, pursuant to a compulsory acquisition carried out under the\n provisions of the Business Corporations Act (British Columbia) following HudBay's previously announced successful\n tender offer.  As a result of the acquisition of such shares, HudBay\n now owns 116,103,244 common shares of the Company, representing 100% of the issued and\n outstanding common shares.\n\n\nThe common shares of the Company have been de-listed from the Toronto\n Stock Exchange as at the close of markets on July 5, 2011 and are in\n the process of being de-listed from the Lima Stock Exchange. The\n Company intends apply to the relevant securities commissions for it to\n cease to be a reporting issuer in all applicable jurisdictions as soon\n as practicable following the de-listing of the common shares from the\n Lima Stock Exchange.\n\n\n****\n\n\nABOUT NORSEMONT MINING - Norsemont is a mineral exploration and development company advancing\n the Constancia Copper project in Southern Peru. The Company's\n Constancia project is located in Cusco department, approximately 100\n k...