03:53 PM EST - Norsemont Mining Inc. : announced an agreement by Hudbay Minerals Inc. to acquire Norsemont Mining. Norsemont shareholders will receive 0.2617 HudBay shares and $0.001 in cash, or $4.50 in cash, subject to a maximum aggregate cash consideration of $130 million. Norsemont's Constancia copper project has excellent infrastructure in an established mining district in Peru. Norsemont Mining Inc.
shares T.NOM are trading up $0.19 at $4.46.
