HudBay Minerals Inc. (TSX:HBM) (NYSE:HBM) today announced that its common shares will commence trading on the New York Stock Exchange at the opening of the market on October 25, 2010.
The shares will be traded under the ticker symbol 'HBM', the same ticker symbol the company's original shares were listed under on the New York Stock Exchange from 1938 until 1983.
"Our return to the New York Stock Exchange is a historic milestone for HudBay that will offer our current and potential shareholders the best trading environment for our equity," said David Garofalo, president and chief executive officer. "Our listing on the NYSE will provide us with greater visibility and increased liquidity on the world's largest stock exchange."
Members of the company's senior management, including David Garofalo and its board of directors including G. Wesley Voorheis, chairman, will be commemorating the company's return to the New York Stock Exchange by ringing the opening bell on Friday, November 5, 2010.
No HudBay shares will be issued in conjunction with the listing. The company will continue to trade its common shares on the Toronto Stock Exchange under the ticker symbol 'HBM'.
Source: HudBay Minerals Inc.