Hecla Mining Company (HL) has released an update.
Hecla Mining Company has expanded its stake in Cascadia Minerals Ltd. by purchasing 555,556 units for $100,000, each unit comprising a share and a warrant. This acquisition increases Hecla’s ownership to approximately 17.4% of Cascadia’s common shares, with the potential to reach about 28.4% if all warrants are exercised. The purchase aligns with Hecla’s investment strategy and they may adjust their position in the future.
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