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Precious Metals M&A image Precious Metals M&A » By The Online Investor Staff, updated Mon., Feb. 6, 2:21 AM Recent mergers and acquisitions in the Precious Metals M&A category.

Slide #77. Hecla Mining Company Aurizon Mines Ltd.

Acquirer: Hecla Mining Company (HL)
Acquiree: Aurizon Mines Ltd. (AZK)
Details: Hecla Mining Company (NYSE:HL) (Hecla) (Company) is pleased to announce that it has entered into a definitive arrangement agreement (Arrangement Agreement) with Aurizon Mines Ltd. (TSX:ARZ.CA) (NYSE:AZK) (Aurizon) pursuant to which Hecla will acquire all of the issued and outstanding common shares of Aurizon in a transaction with a total value of approximately CAD$796 million (the Transaction).

Hecla Mining is a holding company. Through its subsidiaries, Co. discovers, acquires and develops mines and other mineral interests and produces and markets concentrates, carbon material, and unrefined dore. Co. is organized in four segments that include its operating mines and primary assets being Greens Creek, Lucky Friday, Casa Berardi and the Nevada Operations. Co. produces zinc, silver and precious metals flotation concentrates at Greens Creek and zinc flotation concentrates at Lucky Friday, each of which it sells to custom smelters and metal traders. Co. also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at Casa Berardi and Nevada Operations.

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Hecla Mining is a holding company. Through its subsidiaries, Co. discovers, acquires and develops mines and other mineral interests and produces and markets concentrates, carbon material, and unrefined dore. Co. is organized in four segments that include its operating mines and primary assets being Greens Creek, Lucky Friday, Casa Berardi and the Nevada Operations. Co. produces zinc, silver and precious metals flotation concentrates at Greens Creek and zinc flotation concentrates at Lucky Friday, each of which it sells to custom smelters and metal traders. Co. also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at Casa Berardi and Nevada Operations.

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Open the AZK Page at The Online Investor »

Company Name: 
Hecla Mining Co
Website: 
www.hecla-mining.com
Sector: 
Metals & Mining
Number of ETFs Holding HL: 
35
Total Market Value Held by ETFs: 
$887.10M
Total Market Capitalization: 
$3.81B
% of Market Cap. Held by ETFs: 
23.30%
Company Name: 
Aurizon Mines Ltd.
Website: 
www.aurizon.com
Sector: 
Precious Metals
 

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