Hecla Mining Company filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits

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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

 

Date of Report (Date of earliest event reported): January 26, 2026

 

HECLA MINING COMPANY
(Exact name of registrant as specified in its charter)

 

                  

(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

On January 26, 2026, Hecla Mining Company (“we,” “us” or “Hecla”) issued a news release announcing it had entered into a definitive agreement (the “Agreement”) to sell its wholly owned subsidiary, Hecla Quebec Inc., which owns the Casa Berardi operation, and a portfolio of exploration properties, all located in Quebec, Canada, to Orezone Gold Corporation (“Orezone”) for up to $593 million in total consideration. The transaction is expected to close in the first quarter of 2026, subject to certain conditions being satisfied.

 

The Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

 

The Agreement has been incorporated by reference herein to provide you with information regarding its terms. It is not intended to provide any other factual information about us. Such information can be found elsewhere in other public filings we have made with the Securities and Exchange Commission, which are available without charge at www.sec.gov.

 

The Agreement contain representations and warranties Hecla and Orezone made. The assertions embodied in Hecla’s representations and warranties are qualified by information in a confidential disclosure letter that we delivered in connection with signing the Agreement. While we do not believe that it contains information securities laws require us to publicly disclose other than information that has already been so disclosed, the disclosure letter does contain information that modifies, qualifies and creates exceptions to the representations and warranties set forth in the Agreement. Accordingly, you should not rely on the representations and warranties as characterizations of the actual state of facts since they are modified in important part by the disclosure letter. Moreover, information concerning the subject matter of the representations and warranties may have changed since the date of the Agreement, which subsequent information many or may not be fully reflected in public disclosures.

 

The information disclosed under Item 8.01 is incorporated herein by reference.

Item 8.01 – Other Events

 

On January 26, 2026, Hecla issued a news release regarding the Orezone transaction. A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Dated: January 28, 2026