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Hudbay Announces Election of Directors

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TORONTO, May 21, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today announced that each of the ten individuals nominated for election as a director of Hudbay at the company's Annual and Special Meeting of Shareholders held on May 21, 2020 was elected.

The election of directors was voted upon by ballot and the detailed voting results are set out below:

Director Number of 
Votes FOR
Number of Votes
Withheld
Percentage of Votes
Cast FOR Matter
Carol T. Banducci 166,795,209 580,034 99.65%
Igor A. Gonzales 159,720,385 7,654,858 95.43%
Richard Howes 166,495,111 880,132 99.47%
Sarah B. Kavanagh 166,497,357 877,886 99.48%
Carin S. Knickel 166,581,489 793,754 99.53%
Peter Kukielski 166,546,157 829,086 99.50%
Stephen A. Lang 162,646,247 4,728,996 97.17%
Daniel Muñiz Quintanilla 166,443,883 931,360 99.44%
Colin Osborne 166,636,550 738,693 99.56%
David Smith 166,342,613 1,032,630 99.38%

About Hudbay

Hudbay ((TSX, NYSE:HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company's growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay's vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Hudbay's mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com.

For further information, please contact:

Candace Brûlé
Director, Investor Relations
(416) 814-­4387
candace.brule@hudbay.com

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