COEUR D’ALENE, Idaho--(BUSINESS WIRE)--
Hecla Mining Company (Hecla)(NYSE:HL)
today announced that the Minister of Industry and Minister of State has
in accordance with the Investment Canada Act (Canada) approved the
arrangement transaction involving Hecla and Aurizon Mines Ltd. (the
Arrangement). Accordingly, closing of the Arrangement is anticipated to
occur on June 1, 2013.
About Hecla
Established in 1891, Hecla Mining Company is the largest and lowest-cost
primary silver producer in the U.S. The company has two operating mines
and exploration properties in four world-class silver mining districts
in the U.S. and Mexico.
Cautionary Statements
Statements made which are not historical facts, such as anticipated
payments, litigation outcome (including settlement negotiations),
production, sales of assets, exploration results and plans, costs, and
prices or sales performance are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Words
such as “may”, “will”, “should”, “expects”, “intends”, “projects”,
“believes”, “estimates”, “targets”, “anticipates” and similar
expressions are used to identify these forward-looking statements.
Forward-looking statements involve a number of risks and uncertainties
that could cause actual results to differ materially from those
projected, anticipated, expected or implied. These risks and
uncertainties include, but are not limited to, metals price volatility,
volatility of metals production and costs, litigation, regulatory and
environmental risks, operating risks, project development risks,
political risks, labor issues, ability to raise financing and
exploration risks and results. Refer to the company's Form 10-K and 10-Q
reports for a more detailed discussion of factors that may impact
expected future results. The company undertakes no obligation and has no
intention of updating forward-looking statements other than as may be
required by law.
Hecla Mining Company
Jim Sabala, Sr. VP and CFO
Mike
Westerlund, VP-Investor Relations
or
Investor Relations
Direct
Main: 1-800-HECLA91 (1-800-432-5291)
hmc-info@hecla-mining.com
www.hecla-mining.com
Source: Hecla Mining Company