09:55 AM EST - HudBay Minerals Inc. : announced that it has completed the sale of its 51% interest in the Back Forty Project in Michigan's Upper Peninsula to its joint venture partner Aquila Resources Inc. The sale was completed pursuant to a previously announced purchase agreement dated November 7, 2013. As partial consideration for the sale of its interest, Hudbay received 18,650,193 common shares of Aquila based on a price of $0.13 per share, representing approximately 10.2% of the issued and outstanding shares. HudBay Minerals Inc.
shares T.HBM are trading up $0.32 at $9.91.
