Hudbay Announces Election of Directors

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
[e-mail]