September 8, 2017 / 12:30 AM / 2 months ago

BRIEF-Hudbay announces C$242 million bought deal financing

Sept 7 (Reuters) - Hudbay Minerals Inc

* Announces C$242 million bought deal financing

* Says underwriters agreed to purchase, on a bought deal basis 24 million common shares of co at a price of C$10.10 per share

* Intends to use proceeds from offering to advance its growth projects, enhance financial flexibility to pursue other opportunities Source text for Eikon: Further company coverage: (Reporting by Philip George)

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