Hecla Completes Purchase of Aurizon Mines
The acquisition of Val-d'Or, Québec-based Aurizon Mines Ltd. by Hecla Mining Co. has been completed at a final consideration of $514 million and 56,997,790 shares of Hecla's common stock. Hecla has offices in Coeur d'Alene, Idaho, and Vancouver. Aurizon, a gold producer focused on projects in Québec, was earlier targeted for takeover by Alamos Gold Inc. The company's prior investorsinclude the Fonds de solidarité des travailleurs du Québec FTQ.
7 June 2013•3 mins read
