Hudson Bay Mining and Smelting Co., Ltd.
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Product Details
Company | Hudson Bay Mining and Smelting Co., Ltd. |
Certificate Type | Capital Stock |
Date Issued | July 19, 1946 (blue) January 24, 1944 (brown) |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | Machine printed |
Approximate Size |
11 1/2" (w) by 7 1/2" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
The Flin Flon, Manitoba orebody was discovered by David Collins, a local trapper, and shown to prospector Tom Creighton in 1914. The first claim was registered in 1915. It took more than a dozen years to bring the mine into production because the huge, high grade ore body required large amounts of hydro energy, was isolated, and copper production required a smelter.
In 1927, Cornelius Vanderbilt Whitney (a member of the Whitney family of New York) founded Hudson Bay Mining & Smelting, which took over controlling interest in the Flin Flon property. By 1930, the mine, smelter, hydroelectric dam and railroad were in full operation.
On December 21, 2004, OntZinc Corporation acquired HBM&S for C$316 million from Anglo American plc. The purchase was financed by a public offering of C$143.8 million of equity and the issue of US$175 million of debt. The company then changed its name to Hudbay Minerals Inc.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.