Arizona landlords are accused of still charging rental tax despite new law. Mayes is investigating

Attorney General Kris Mayes says she’s investigating multiple complaints that landlords are still charging tenants a rental tax, despite a new law banning cities and towns from levying it.The Republican-backed law took effect on Jan. 1. Since then, Mayes says her office has fielded complaints from tenants whose rent hasn’t declined accordingly, allegedly because some…

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Arizona Sonoran Copper announces C$19.9m private placement with Hudbay

Arizona Sonoran Copper Company has announced a strategic private placement valued at C$19.9m ($13.83m) with Hudbay Minerals. Under this agreement, Hudbay will subscribe for 11,852,064 common shares of Arizona Sonoran at C$1.68 per share. Hudbay currently holds 2,870,800 shares, representing a 2.12% interest in Arizona Sonoran prior to the private placement. Post-closing of the placement,…

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