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HudBay Minerals Inc.

09:56 AM EST - HudBay Minerals Inc. : announced February 14, 2011 that it "has acquired 6,667,000 common shares (of VMS Ventures Inc. for $0.50 per Common Share for total consideration of $3,333,500. HudBay now owns and has control over 17,585,000 Common Shares of VMS Ventures, representing approximately 14.3% of the issued and outstanding Common Shares. HudBay Minerals Inc. shares T.HBM are trading down $0.07 at $17.02.