Hecla Mining Company completed the transaction with $25 million
Hecla Mining company has just completed the transaction. The company sold its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro Mining Ltd. (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. A 117-year-old company, Hecla has long been well known in the mining world and financial markets as a quality producer of silver and gold.
Hecla Mining Company which processes and explores for silver and gold in the United States and Mexico based in Coeur d’Alene, Idaho, and mines. Hecla has long been well known in the mining world and financial markets as a quality producer of silver and gold. Hecla’s common shares are traded on the New York Stock Exchange under the symbol HL.
Contact:
Hecla Mining Company Vice President – Investor & Public Relations
Vicki Veltkamp, 208-769-4144
Source: Hecla Mining Company
