Hudbay stake in Panoro slips to 9.97% after share count rises
HBM•Hudbay stake falls below 10% after dilution
Hudbay filed an early-warning report on Panoro as Panoro’s share count rose to 309,215,351 on Aug. 24, 2026.
Hudbay’s stake held at 30,823,849 Panoro common shares, sliding to 9.97% from 10.01% due to dilution.
The drop below 10% ended Hudbay’s reporting-insider status in Panoro, despite no share sales.
Pre-emptive anti-dilution rights remain in place while Hudbay holds at least 5% of Panoro’s common shares.
