Skye Resources and HudBay Minerals complete $460 million business combination
Client
Skye Resources Inc.
On August 26, 2008, HudBay Minerals Inc. (TSX: HBM) and Skye Resources Inc. (TSX: SKR) announced that the business combination between the two companies had been completed. Pursuant to a aplan of arrangement, all of Skye's common shares were exchanged for HudBay common shares on the basis of 0.61 HudBay common shares and C$0.001 in cash for each Skye common share held.
Fasken Martineau acted as external legal counsel to Skye with a team that included: John Turner, Greg Ho Yuen, Krisztian Toth, Lata Casciano, Aaron Atkinson, Ron Nobrega, Tracey Cohen and Huy Do.
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