Hecla Mining to acquire ATAC Resources in C$31M deal

ATAC Resources Ltd. has signed a non-binding Letter of Intent with Hecla Mining Company for Hecla to acquire all outstanding shares of ATAC for C$0.14 per share in Hecla stock, valuing the deal at C$31 million. ATAC shareholders will also receive shares in a new exploration company (Spinco). The LOI was announced on 2023-02-21.

“We believe the Potential Transaction will provide significant value to ATAC shareholders.”newswire.ca

• 1 source
• newswire.caATAC Resources Ltd. Announces Letter of Intent with Hecla Mining CompanyATAC Resources Ltd.Feb 21, 2023

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