Category Archives: Investors

Augusta Resource drops shareholder ratification of poison pill plan from June 20 annual meeting

In a surprise move, Augusta Resource Corporation is not seeking shareholder approval of the company’s proposed poison pill strategy to thwart a possible hostile takeover at its upcoming June 20 annual meeting in Vancouver, B.C., according to a regulatory filing. … Continue reading

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Augusta releases updated financials: Faces new cash crisis as working capital plummets

Augusta Resource Corp. could run out of cash unless it receives federal approvals by the end of September to begin construction on its proposed $1.23 billion Rosemont copper mine, the company states in financial reports released late Tuesday. Augusta is … Continue reading

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Dundee Securities issues sell recommendation on Augusta citing permitting challenges for Rosemont copper project

Toronto-based Dundee Securities is breaking with other analysts following Augusta Resource Corporation (AZC) and has issued a sell recommendation to investors. “Rosemont’s permitting timeline remains unclear and we believe that there are no short term catalysts to own AZC shares,” … Continue reading

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Augusta Resource adopts shareholder rights plan to fend off potential hostile takeover, coincidentally slumping stock rallies

Augusta Resource Corporation is taking steps to defend a possible hostile takeover as it continues to seek state and federal permits to construct the Rosemont open-pit copper mine in the Santa Rita Mountains on the Coronado National Forest southeast of … Continue reading

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Augusta Resource falsely claiming “Rosemont has established funding” for proposed copper mine

Augusta Resource Corp. continues its longstanding practice of providing misleading information to investors in its most recent “Investor Presentation” posted on the company’s website. Vancouver, B.C-based Augusta, which is seeking state and federal permits through its Rosemont Copper Company subsidiary … Continue reading

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