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Hecla Participates in Dolly Varden Silver Corporation Financing

Nov 17, 2020•almost 5 years ago
Coeur d'Alene

Description

Hecla Mining Company (NYSE: HL) (“Hecla”) announced today that a wholly owned subsidiary of Hecla has today acquired an aggregate of 807,846 Shares (“Shares”) of Dolly Varden Silver Corporation (“Dolly Varden”). The subscription was completed pursuant to the Ancillary Rights Agreement which Hecla has with Dolly Varden, allowing it to maintain its pro rata shareholding in Dolly Varden. These rights were triggered when Dolly Varden agreed to a private placement with third parties.

Company Information

Company

Hecla

Location

Coeur d'Alene, Idaho, United States

About

Founded in 1891, Hecla Mining Company (NYSE: HL) is a leading low-cost U.S. silver producer with operating mines in Alaska, Idaho, and Mexico and is a gold producer with operating mines in Quebec, Canada and Nevada. The Company also has exploration and pre-development properties in eight world-class silver and gold mining districts in the U.S., Canada and Mexico, and an exploration office and investments in early-stage silver exploration projects in Canada.

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