is a private equity investor seeking to achieve excellence in every project that it pursues, whether it concerns the development and expansion of the Company’s enterprises in the raw materials industry, the construction of high-quality real estate or the achievement of targeted returns through effective portfolio investments. The staff of Solway are represented by professionals from a wide range of fields with profound expertise and the dedication that is needed in order to successfully pursue the selected projects. Geological exploration experts, project managers, business and financial restructuring specialists as well as commodity and capital market analysts are all part of the Solway team, working together for the shared goals of the Company. Solway Investment Group Limited is the ultimate holding company of the Group and it is based in Cyprus and managed by the Board of Directors. The Members of the Board include respected industry professionals and representatives of major shareholders.
Solway Group acquires Guatemalan Fenix
Larnaca, Cyprus August 5, 2011 – Solway Investment Group Limited Inc. (“Solway”, the “company”) is pleased to announce that it has entered into a definitive agreement with HudBay Minerals Inc. (TSX/NYSE: HBM) to acquire 98,2% of Fenix ferro-nickel project in Guatemala.