April 15 (Reuters) - Hudbay Minerals Inc HBM.TO :
* WATERTON SENDS LETTER TO HUDBAY SHAREHOLDERS HIGHLIGHTING ENTRENCHMENT AND TRACK RECORD OF POOR STRATEGIC DECISION-MAKING OF HUDBAY'S BOARD
* WATERTON - OWNS IN AGGREGATE 12.09% OF ISSUED AND OUTSTANDING COMMON SHARES OF HUDBAY MINERALS INC
* WATERTON - HUDBAY'S SHAREHOLDERS URGED TO ELECT 5 INDEPENDENT, DIRECTOR CANDIDATES TO BOARD