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Hecla Announces $60 Million Private Placement.

Publication: Mining & Minerals Business
Publication Date: 26-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Hecla Mining Company (NYSE:HL) announced it has entered into a definitive agreement to sell securities to selected institutional investors for aggregate gross proceeds of approximately $60 million. The offering is expected to close on or about June 5, 2009, subject to the satisfaction of customary closing conditions. Hecla is required to file a resale registration statement relating to the shares and warrants in...

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