Cascadia Minerals is pleased to announce the close of the previously announced transaction between ATAC Resources and Hecla Mining whereby Hecla acquired all of the issued and outstanding shares of ATAC for consideration payable in shares of Hecla and in shares of Cascadia by way of a court-approved statutory plan of arrangement. Pursuant to the [...]
Hecla Mining and ATAC Resources announced today the completion of the ATAC acquisition. "With the ATAC acquisition, we continue to execute our strategy of acquiring large land packages with significant exploration potential in favorable mining jurisdictions," said Phillips S. Baker, Jr., Hecla President & CEO. "The Rackla and Connaught properties [...]
ATAC Resources is pleased to announce that ATAC Securityholders approved the previously announced acquisition of ATAC by Hecla Mining by way of a plan of arrangement at a special meeting of ATAC Securityholders held earlier today. At the Meeting, ATAC Securityholders were asked to consider and approve a special resolution regarding the proposed [...]
ATAC Resources is pleased to announce the mailing of an information circular prepared in connection with the special meeting of ATAC securityholders to be held on June 23, 2023 at the offices of Stikeman Elliott LLP, Vancouver at 10:00 a.m. At the meeting, ATAC's securityholders will be asked to consider and approve the proposed acquisition of all [...]
ATAC Resources is pleased to announce that on May 17, 2023, the Supreme Court of BC granted an interim order in connection with the proposed acquisition of all of the issued and outstanding common shares of ATAC by Hecla Mining by way of a plan of arrangement. For further information on the Arrangement and the definitive arrangement agreement [...]
ATAC Resources is pleased to announce that further to its press release dated February 21, 2023 the Company has entered into a definitive agreement with Hecla Mining whereby Hecla will acquire all of the issued and outstanding shares of ATAC for consideration payable in shares of Hecla and in shares of a new exploration company, named Cascadia [...]
ATAC Resources announces that it has extended the effective period of a Letter of Intent, including the exclusivity provisions, with Hecla Mining from March 15, 2023 to the earlier of: the date a definitive agreement is executed, or April 14, 2023. The extension is to allow for the completion of ongoing due diligence work by both companies and the [...]
ATAC Resources Ltd. is pleased to announce that it has signed a non-binding Letter of Intent with Hecla Mining Company respecting a proposed transaction pursuant to which Hecla will acquire all of the issued and outstanding shares of ATAC for C$0.14 per ATAC share, payable in shares of Hecla common stock . ATAC shareholders will also receive shares [...]
ATAC Resources Ltd. confirms that on January 12, 2023, it received an unsolicited non-binding proposal from Victoria Gold Corp. to acquire 100% of the issued share capital of ATAC for $0.12 per ATAC share, payable in Victoria shares. The Offer represented a 36.4% premium to ATAC's closing share price at the time of the Offer, as indicated above [...]
ATAC Resources is pleased to announce results of phase two exploration work at the Catch copper-gold property. Phase two work included additional prospecting and mapping, as well as a maiden reverse circulation drill program. Exploration Overview High-grade copper and gold mineralization was identified in outcrop at the main zone across a 500 m [...]
ATAC Resources is pleased to announce results of reverse circulation drilling and prospecting at the road-accessible Connaught Property in Yukon. These results represent the first-ever drill holes targeting copper porphyry mineralization at Connaught. Results have also been received for phase two work at the PIL Property in BC, which included [...]
ATAC Resources Ltd. is pleased to announce that it has closed a non-brokered private placement consisting of the sale of 11,111,111 "flow-through shares" at a price of $0.09 per share, for total subscription proceeds of $1,000,000. "This financing provides us with additional reserves cash reserves heading into 2023, which could continue to be a [...]