Revett announced today that its stockholders have approved a proposed merger with Hecla Mining at a special meeting held today in Spokane Valley, WA. 64.62 percent of the company's shares outstanding were voted with more than 95 percent of the votes cast in favor of the proposal, representing more than 61 percent of Revett's issued and outstanding [...]
Revett announced today its consolidated operating and financial results for the first quarter ended March 31, 2015. The financial results are based on US GAAP and all currencies are in United States dollars unless otherwise indicated. First Quarter 2015 Summary: Cash and short term investments as at March 31, 2015 were $0.7 million compared to [...]
Revett Mining Company announced today its consolidated operating and financial results for the year ended December 31, 2014. The financial results are based on US GAAP and all currencies are in United States dollars unless otherwise indicated. Summary: Cash and short term investments on hand was $2.9 million as of December 31, 2014. The Company's [...]
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Revett Mining Company regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Hecla Mining Company in a transaction valued at approximately $20 [...]
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti are investigating the proposed sale of Revett Mining Company to Hecla Mining. Under the terms of the proposed transaction, shareholders of Revett will receive only 0.1622 shares of Hecla stock for each share of Revett that they own, representing an [...]
Revett Mining Company and Hecla Mining Company today announced that they have entered into a merger agreement pursuant to which Hecla will acquire Revett. In the proposed merger, each outstanding common share of Revett will be exchanged for 0.1622 of a common share of Hecla. Based on Hecla's closing price of $3.23 on March 25, 2015 (the day prior [...]
Revett Mining Company today announced that the transition to care and maintenance at the Troy Mine was successfully completed during February 2015. Mining operations ceased at the end of January 2015 and an orderly shutdown of milling operations and transition to care and maintenance occurred during February, 2015. Total production since resuming [...]
Revett Mining Company announced today that it has decided, due to low metal prices, to place the Troy Mine on care and maintenance. Development work to the I Beds will cease immediately and milling operations will continue through to the end of January 2015. An orderly shutdown will take place during the month of February with the expectation that [...]
Revett announces its consolidated financial results for the third quarter 2014 and provides an update on Troy Mine operations and Rock Creek permitting. The financial results are based on US GAAP; and, all currencies are in United States dollars unless otherwise indicated.Third Quarter 2014 Summary:Cash and short term investments as at September [...]
Revett Mining is pleased to announce that it has recently intersected mineralization in the North C Bed orebody from the west development drift and has recommenced underground crushing operations. The Company will crush and store approximately 25,000 tons of ore prior to restarting milling operations which is expected to take place in November [...]
Revett announced today that it has entered into a US $5.0 million loan agreement with a major equipment financing company. The agreement is collateralized by mobile and selected surface equipment at the Company's wholly owned subsidiary, Troy Mine, Inc. and bears interest at 6.25% per annum. Existing capital equipment leases in the amount of US [...]
Revett announces its consolidated financial results for the second quarter 2014 and provides an update on development at its Troy Mine in northwest Montana. The financial results are based on US GAAP and all currencies are in United States dollars unless otherwise indicated. Second Quarter 2014 Summary: Cash and short term investments as at June [...]
