TORONTO, ONTARIO — (Marketwire) — 08/13/09 — AQUILA RESOURCES INC. (TSX: AQA)(FRANKFURT: JM4A) (“Aquila” or the “Company”) is pleased to announce that it has completed a private placement of 12,141,051 common shares of the Company to HudBay Minerals Inc. (“HudBay”) (TSX: HBM). This offering was completed pursuant to a previously announced Subscription, Option and Joint Venture Agreement dated August 6, 2009 between HudBay and the Company.
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HUDBAY OWNS THE WHITE PINE COPPER REFINERY …
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