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Majority Hudbay owner seeks to oust board

Private equity fund Waterton Global Resource Management has unveiled a proposed slate of eight candidates it would field during the upcoming Hudbay Minerals (TSX:HBM) annual general meeting.

Majority Hudbay owner seeks to oust board Majority Hudbay owner seeks to oust board Majority Hudbay owner seeks to oust board Majority Hudbay owner seeks to oust board Majority Hudbay owner seeks to oust board

Waterton Global has revealed its slate of eight nominees to replace most of HudBay Minerals' board

The majority investor, which had in recent months bolstered its Hudbay position to 11.9%, said it was embarking on its first proxy fight to address Hudbay's chronic underperformance.