Hecla Mining Company and Klondex Mines today announced that Hecla’s acquisition of Klondex is complete “With this acquisition, Hecla now has three high-grade mines in Nevada, one of the best mining districts in the world,” said Phillips S. Baker, Jr., President and CEO. “These assets immediately add production and cash flow [...]
Klondex Mines today announced that its shareholders and securityholders approved the proposed statutory plan of arrangement with Hecla Mining at the Klondex annual and special meeting of securityholders held today. Under the approved Plan of Arrangement, Hecla will acquire all of the issued and outstanding Klondex shares. Of the Klondex [...]
Klondex Mines is pleased to announce that Institutional Shareholder Services, Inc. and Glass Lewis and Co., the two leading independent proxy advisory firms, have both recommended that Klondex shareholders vote in favor of the special resolution to approve the Plan of Arrangement whereby Hecla Mining would acquire all of the issued and outstanding [...]
Klondex Mines is pleased to announce its operational and financial results for the first quarter 2018. This press release should be read in conjunction with the Company's 2018 Quarterly Report on Form 10-Q, which includes the unaudited Condensed Consolidated Financial Statements and related Management's Discussion and Analysis of Financial [...]
Klondex Mines reported today its preliminary operating results for the first quarter of 2018. First Quarter 2018 Highlights: Announced proposed acquisition of Klondex by Hecla Mining Company for US$462 million Mined 49,873 gold equivalent ounces Produced 43,525 GEOs Mined and production results in-line with Company expectations Sold 42,541 GEOs [...]
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Klondex Mines to Hecla Mining Company. Under the terms of the proposed transaction, shareholders of Klondex may elect to receive $2.47 in cash OR 0.6272 of a Hecla share for each share of Klondex that [...]
Hecla Mining Company and Klondex Mines today announced Hecla will acquire all the outstanding shares of Klondex, a high-grade Nevada underground gold producer with its Fire Creek, Midas and Hollister mines, through a plan of arrangement. Klondex's Canadian assets will be spun out to its existing shareholders. Under the Transaction, Hecla will [...]
Klondex Mines is pleased to announce its operational and financial results for the fourth quarter and full-year 2017. This press release should be read in conjunction with our 2017 Annual Report on Form 10-K, which includes our Consolidated Financial Statements and related Management's Discussion and Analysis of Financial Condition and Results of [...]
S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices prior to the open of trading on Monday, March 19, 2018: S&P/TSX COMPOSITE INDEX ADDITIONS Issue Name Symbol Capped Sector Indices Aurora Cannabis Inc. ACB Health Care Sienna Senior Living Inc. SIA Health Care DELETIONS Issue Name Symbol Capped [...]
Klondex Mines today announced the Company has increased the borrowing capacity of its credit facilities. The Company also announced its participation in the BMO Capital Markets 27th Global Metals and Mining Conference. The Company has increased its revolving credit facilities by $10 million to $45 million. The increase includes an addition of $5 [...]
Klondex Mines reported today a Mineral Reserve and Mineral Resource update for the Fire Creek mine located in northern Nevada, USA. An updated technical report titled “Technical Report for the Fire Creek Project, Lander County, Nevada” dated February 5, 2018 with an effective date of November 30, 2017, has been filed on SEDAR. The [...]
Klondex Mines reported today its preliminary operating results for the fourth quarter and full-year 2017. In addition, the Company reported that its Investor Day, previously scheduled for February 7, 2018, has been postponed as Paul Huet, the President and CEO of the Company, is recovering from pneumonia and is restricted from traveling. An [...]