Precious Metals M&A » By The Online Investor Staff, updated Tue., Aug. 9, 4:45 AM
Recent mergers and acquisitions in the Precious Metals M&A category.
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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 and its subsidiaries discover, acquire and develop mines and other mineral interests and produce and market concentrates, carbon material and dore containing silver, gold, lead and zinc. Co. has five units: the Greens Creek, Lucky Friday, Casa Berardi, San Sebastian and Nevada Operations units. Co. produces zinc, lead and bulk flotation concentrates at its Greens Creek unit and lead and zinc flotation concentrates at its Lucky Friday unit, each of which Co. sells to custom smelters and metal traders. Co. also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at its Casa Berardi, San Sebastian and Nevada Operations units.
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Hecla Mining and its subsidiaries discover, acquire and develop mines and other mineral interests and produce and market concentrates, carbon material and dore containing silver, gold, lead and zinc. Co. has five units: the Greens Creek, Lucky Friday, Casa Berardi, San Sebastian and Nevada Operations units. Co. produces zinc, lead and bulk flotation concentrates at its Greens Creek unit and lead and zinc flotation concentrates at its Lucky Friday unit, each of which Co. sells to custom smelters and metal traders. Co. also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at its Casa Berardi, San Sebastian and Nevada Operations units.
HL SEC Filing Email Alerts Service
Open the AZK Page at The Online Investor »
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