Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SC 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No Eleven)
HUDBAY MINERALS INC.
............................................................
(Name of Issuer)
COMMON SHARES
............................................................
(Title of Class of Securities)
443628102
.............................................................
(CUSIP Number)
December 31, 2023
.............................................................
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing
on this form with respect to the subject class of securities,
and for any subsequent
amendment containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject to
all other provisions of the Act(however, see the Notes).
CUSIP No. 443628102
(1)Names of reporting persons. I.R.S. Identification
Nos. of above persons (entities only)
LETKO, BROSSEAU & ASSOCIATES INC.
(2) Check the appropriate box if a member of a group (see instructions)
(a)
(b)
(3) SEC use only
(4) Citizenship or place of organization CANADA
Number of shares beneficially owned by each reporting person with:
(5)Sole voting power 16,569,958
(6)Shared voting power
(7)Sole dispositive power 16,569,958
(8)Shared dispositive power
(9)Aggregate amount beneficially owned by each reporting person
16,569,958
(10)Check if the aggregate amount in Row (9) excludes certain shares
(see instructions)
(11)Percent of class represented by amount in Row 9
4.7%
(12)Type of reporting person (see instructions)
FI
Item 1.
Item 1(a) Name of issuer: HUDBAY MINERALS INC.
Item 1(b) Address of issuer's principal executive offices:
25 York Street
Suite 800
Toronto, Ontario M5J 2V5
Canada
Item 2.
2(a) Name of person filing:
Letko, Brosseau & Associates Inc.
2(b) Address or principal business office or, if none, residence:
1800 Mc Gill College Av.
Suite 2510
Montreal, QC
H3A 3J6
Canada
2(c) Citizenship:
Canada
2(d) Title of class of securities:
Common Shares
2(e) CUSIP No.:
443628102
Item 3.
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b)or(c),
check whether the person filing is a:
a. [ ] Broker or dealer registered under Section 15 of the Act.
b. [ ] Bank as defined in Section 3(a)(6) of the Act.
c. [ ] Insurance company as defined in Section 3(a)(19) of the Act.
d. [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940.
e. [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
f. [ ] An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
g. [ ] A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
h. [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
i. [ ] A church plan that is excluded from the definition of
an investment company under
section 3(c)(14) of the Investment Company Act of 1940;
j. [x] A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
k. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
a. Amount beneficially owned: 16,569,958
b. Percent of class: 4.7%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote: 16,569,958
ii. Shared power to vote or to direct the vote
iii. Sole power to dispose or to direct the disposition of: 16,569,958
iv. Shared power to dispose or to direct the disposition of
Item 5.
Ownership of 5 Percent or Less of a Class. If this statement is being filed
to report
the fact that as of the date hereof the reporting person has ceased to be
the beneficial owner of more than 5 percent of the class of securities,
check the following [X].
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
or Control Person.
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and
are held in the ordinary course
of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with
or as a participant in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
Dated : February 12,2024
Signature Isabelle Godin
Name/Title: Isabelle Godin
Vice President Operations and Chief Financial Officer