Arizona Sonoran Files Management Information Circular for Special Meeting of Securityholders, Announces Receipt of Interim Order and Competition Act Approval and Announces Support from Major Shareholders

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Arizona Sonoran Files Management Information Circular for Special Meeting of Securityholders, Announces Receipt of Interim Order and Competition Act Approval and Announces Support from Major Shareholders .bwlistdisc { list-style-type: disc } Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce that it has filed its management information circular (the “Circular”) and related proxy materials (the “Meeting Materials”) for the special meeting of securityholders of the Company (the “Meeting”) to be held in connection with the proposed plan of arrangement (the “Arrangement”) between the Company and Hudbay Minerals Inc. (“Hudbay”) pursuant to the terms of a definitive arrangement agreement between the Company and Hudbay (the “Arrangement Agreement”), as previously announced on March 2, 2026. The Meeting Materials and a copy of the Arrangement Agreement have been filed under the Company’s profile on SEDAR+ at www.sedarplus.ca and the Meeting Materials have also been posted to the Company’s website at www.arizonasonoran.com . The Meeting Materials are in the process of being delivered to securityholders. The Company is also pleased to announce that on April 2, 2026, the Supreme Court of British Columbia granted an interim order in respect of the Arrangement, authorizing the calling and holding of the Meeting and certain other matters related to the Meeting. A copy of the interim order is included in the Circular. In addition, on March 27, 2026, the Commissioner of Competition issued an advance ruling certificate satisfying the requirement to obtain clearance for the Arrangement under the Competition Act (Canada) . The Toronto Stock Exchange (the “TSX”) has also conditionally approved the Arrangement, the delisting of the common shares of ASCU (the “Common Shares”) upon completion of the Arrangement and the listing of the common shares of Hudbay (the “Hudbay Shares”) to be issued to securityholders of ASCU, subject to customary conditions. The Arrangement Under the terms of the Arrangement Agreement, which was negotiated at arm’s length, Hudbay will acquire all of the issued and outstanding Common Shares it does not already own and each...

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