This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:HudBay Minerals exercises Polar Star Mining warrants 2009-11-03 22:35 ET - News Release Also News Release (C-PSR) Polar Star Mining Corp
Mr. John Vincic of HudBay Minerals reports HUDBAY EXERCISES WARRANTS OF POLAR STAR MINING
HudBay Minerals Inc., following the exercise of warrants of Polar Star Mining Corp., has acquired 1,004,366 common shares of Polar Star, bringing its total holding of common shares to 6,873,704, representing 11.52 per cent of Polar Star's issued and outstanding common shares as at June 30, 2009. In addition, HudBay holds warrants exercisable for an additional 1,930,302 common shares, which, upon exercise, together with the common shares presently owned by the company, would represent 14.75 per cent of Polar Star's issued and outstanding common shares. The exercise price per warrant was 45 cents for a total exercise price of approximately $450,000. The acquisition of the common shares on the exercise of the warrants was made for investment purposes.
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