UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2019
Commission File Number: 001-34244
HUDBAY MINERALS INC.
(Translation
of registrants name into English)
25 York Street, Suite 800
Toronto, Ontario
M5J 2V5, Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [X]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____________________________
EXPLANATORY NOTE
On July 10, 2019, Hudbay Minerals Inc. (Hudbay) filed on the Canadian Securities Administrators System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com the following documents: (1) News Release dated July 10, 2019; and (2) Material Change Report dated July 10, 2019.
A copy of the filing is attached to this Form 6-K and incorporated herein by reference, as follows:
Exhibit 99.1 | News Release dated July 10, 2019 |
Exhibit 99.2 | Material Change Report dated July 10, 2019 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
HUDBAY MINERALS INC. | ||
(registrant) | ||
By: |
/s/ David S. Bryson |
|
Name: | David S. Bryson | |
Title: | Senior Vice President and Chief Financial Officer |
Date: July 11, 2019
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EXHIBIT INDEX
The following exhibits are furnished as part of this Form 6-K:
Exhibit 99.1 | News Release dated July 10, 2019 |
Exhibit 99.2 | Material Change Report dated July 10, 2019 |
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Hudbay Announces that Alan Hair has Stepped Down as President and CEO, Peter Kukielski Appointed Interim CEO
Toronto, Ontario, July 10, 2019 Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that Alan Hair has stepped down as Hudbay's President and Chief Executive Officer and as a director of the company. Mr. Hair spent more than 20 years with Hudbay and was instrumental in the company's growth, serving as Chief Operating Officer from 2012 to 2015 before being appointed President and Chief Executive Officer in 2016.
Peter Kukielski has been appointed Interim Chief Executive Officer. Peter has more than 30 years of extensive global experience within the base metals, precious metals and bulk materials sectors, having overseen operations across the globe.
We have a strong management team and an experienced leader in Peter Kukielski, who will ably lead the company in the interim while we complete our search for the best possible permanent leader for Hudbay, stated Alan Hibben, Chair of the Board of Directors. "Alans departure does not affect our strategic or financial outlook. Our focus remains on executing against our value creation strategy and delivering on a number of near-term catalysts."
The Board has commenced a search for a permanent Chief Executive Officer, which may include internal and external candidates.
While I always believed as much from outside the company, I have learned a lot about Hudbay as a Director and feel more than ever that this company has a bright future, said Peter Kukielski, Interim Chief Executive Officer. I look forward to working with our experienced and dedicated management team to deliver on our 2019 strategic priorities and near-term catalysts.
About Hudbay
Hudbay (TSX, NYSE: HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), molybdenum 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 three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The companys 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. Hudbays vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Hudbays 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. Further information about Hudbay can be found on www.hudbay.com.
TMX, NYSE HBM 2019 No. 20 |
For investor inquiries, please contact:
Candace Brûlé |
Director, Investor Relations |
(416) 814-4387 |
candace.brule@hudbay.com |
For media inquiries, please contact: |
Scott Brubacher |
Director, Corporate Communications |
(416) 814-4373 |
scott.brubacher@hudbay.com |
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Form 51-102F3
MATERIAL CHANGE REPORT
Item 1. | Name and Address of Company |
Hudbay Minerals Inc. (Hudbay) | |
25 York Street, Suite 800 | |
Toronto, Ontario M5J 2V5 | |
Item 2. |
Date of Material Change |
July 10, 2019 | |
Item 3. |
News Release |
Hudbay issued a news release with respect to the material change referred to in this report on July 10, 2019. The news release was disseminated through the newswire services of GlobeNewswire. A copy of the news release is available on SEDAR at www.sedar.com. | |
Item 4. |
Summary of Material Change |
On July 10, 2019, Hudbay announced that Alan Hair has stepped down as Hudbays President and Chief Executive Officer and as a director of the company, and that Peter Kukielski has been appointed Interim Chief Executive Officer. | |
Item 5. |
Full Description of Material Change |
On July 10, 2019, Hudbay announced that Alan Hair has stepped down as Hudbays President and Chief Executive Officer and as a director of the company. Mr. Hair spent more than 20 years with Hudbay and was instrumental in the company's growth, serving as Chief Operating Officer from 2012 to 2015 before being appointed President and Chief Executive Officer in 2016. | |
Hudbay also announced that Peter Kukielski has been appointed Interim Chief Executive Officer. Peter has more than 30 years of extensive global experience within the base metals, precious metals and bulk materials sectors, having overseen operations across the globe. | |
Hudbays Board of Directors has commenced a search for a permanent Chief Executive Officer, which may include internal and external candidates. | |
Item 6. |
Reliance on subsection 7.1(2) of National Instrument 51-102 |
Not applicable. | |
Item 7. |
Omitted Information |
Not applicable. | |
Item 8. |
Executive Officer |
The following senior officer of Hudbay is knowledgeable about the material changes and this report: | |
Patrick Donnelly | |
Vice President and General Counsel | |
416-362-2576 | |
Item 9. |
Date of Report |
July 10, 2019 |