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Hudbay Announces Election of Directors

T.HBM

TORONTO, May 03, 2018 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX:HBM) (NYSE:HBM) announced today that each of the 10 nominees listed in its management information circular dated March 29, 2018 was elected as a director of Hudbay at the company’s Annual and Special Meeting of Shareholders held on May 3, 2018. The vote was conducted by a show of hands. Detailed results of the votes cast by proxy are set out below:

               Director Number of Favourable
Votes Cast by Proxy
Percentage of Favourable
Votes Cast by Proxy
           
   Carol T. Banducci 199,629,133 99.85%  
   Igor A. Gonzales 182,993,779 91.53%  
   Alan Hair 199,721,595 99.89%  
   Alan R. Hibben 197,904,406 98.98%  
   W. Warren Holmes 198,322,104 99.19%  
   Sarah B. Kavanagh 199,718,043 99.89%  
   Carin S. Knickel 197,039,225 98.55%  
   Alan J. Lenczner 195,639,923 97.85%  
   Colin Osborne 199,728,185 99.90%  
   Kenneth G. Stowe 197,004,350 98.53%  
 

About Hudbay

Hudbay (TSX:HBM) (NYSE:HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), zinc 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 four polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and a copper project in Arizona (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. Hudbay also has warrants listed under the symbol “HBM.WT” on the Toronto Stock Exchange and “HBM/WS” on the New York Stock Exchange.

For further information, please contact:

Carla Nawrocki
Director, Investor Relations
(416) 362-7362
carla.nawrocki@hudbay.com

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