Hudbay and Copper Mountain Announce Filing of Joint Management Information Circular in Connection with Proposed Combination and Support from Largest Shareholders

TORONTO, May 18, 2023 /CNW/ - Hudbay Minerals Inc. ("Hudbay") (TSX:HBM.TO) (NYSE:HBM) and Copper Mountain Mining Corporation ("Copper Mountain") (TSX:CMMC.TO) (AMEX:C6C) are pleased to announce today that they have filed a joint management information circular dated May 15, 2023 and related meeting materials (the "Meeting Materials") in connection with their respective special meetings of shareholders (the "Meetings") scheduled to be held on June 13, 2023. The purpose of the Meetings is to seek approval for certain matters in connection with their previously announced transaction whereby Hudbay will acquire all of the issued and outstanding common shares of Copper Mountain, pursuant to a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction").