HECLA MINING COMPANY (NYSE:HL) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On July 12, 2018, Hecla Mining Company (the “Company”) issued a news release (“Release”) announcing preliminary production and financial results for the first quarter ended June 30, 2018.All measures of the Company's second quarter 2018 operating and financial results and conditions contained in the Release are preliminary and reflect the Company’s expected results as of the date of the Release. Actual reported second quarter 2018 results are subject to management's final review as well as review by the Company's independent registered accounting firm and may vary significantly from current expectations because of a number of factors, including, without limitation, additional or revised information and changes in accounting standards or policies or in how those standards are applied. A copy of the Release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure
The Release described above also discusses the Company’s pending acquisition of Klondex Mines Ltd. (“Klondex”).
In accordance with General Instruction B.2 of Form 8-K, the information in Items 2.02 and 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company’s filings or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01 Other Events
On July 12, 2018, Klondex announced that its shareholders and other security holders had approved the previously announced plan of arrangement between the Company and Klondex at a special meeting of Klondex’s shareholders and option holders held on July 12, 2018.
Completion of the arrangement is subject to various conditions, including final court approval, and is expected to occur on July 20, 2018.
Item 9.01 Financial Statements and Exhibits.
HECLA MINING CO/DE/ ExhibitEX-99.1 2 ex_117742.htm EXHIBIT 99.1 ex_117742.htm Exhibit 99.1 NEWS RELEASE HECLA REPORTS 2.6 MILLION OUNCES OF SILVER AND 60,…To view the full exhibit click
About HECLA MINING COMPANY (NYSE:HL)
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company and its subsidiaries provide precious and base metals to the United States and around the world. The Company produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars (dore) containing gold and silver at Greens Creek and Casa Berardi. The Company’s segments include the Greens Creek, Lucky Friday, Casa Berardi units and San Sebastian. It is focused on its San Sebastian project; North Idaho’s Silver Valley; Greens Creek unit on Alaska’s Admiralty Island; the silver-producing district near Durango; the Abitibi region of north-western Quebec, and the Creede district of Southwestern Colorado. The concentrates produced at its Greens Creek and Lucky Friday units contain payable silver, zinc and lead, and the concentrates produced at Greens Creek contain payable gold.