---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-184582"
form_type: "8-K"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:47:35.076254+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hecla completes ATAC acquisition for ~$18.8M in stock; Casa Berardi restarts June 29

## Summary
- Acquired all ATAC shares for 3,676,904 Hecla shares (~$18.8M) at 0.0166 exchange ratio.
- Acquired 19.9% stake in Cascadia Minerals plus C$2M warrants; two board seats.
- ATAC's Yukon land package >700 sq mi with gold, silver, base metals; no major spend required for decade.
- Keno Hill mine on track for Q3 2023 production; expected >2.5M oz silver in 2023.
- Casa Berardi mine restarted June 29 after Quebec road ban partially lifted; guidance update coming.

## SEC filing metadata
- accession: 0001193125-23-184582
- form_type: 8-K
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000119312523184582/0001193125-23-184582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000119312523184582/d529705d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-184582
- JSON: https://secwatch.observer/filing/0001193125-23-184582.json
- Plain text: https://secwatch.observer/filing/0001193125-23-184582.txt

## Key facts
- M&A Transactions
  HECLA MINING CO/DE/ completed an acquisition involving ATAC Resources Ltd. for approximately US$18.7 million (closed 2023-07-07).
  - Action: acquisition
  - Counterparty: ATAC Resources Ltd.
  - Consideration: approximately US$18.7 million
  - Closing: 2023-07-07
  source text: Agreement (“Agreement”). Under the terms of the Agreement, Hecla’s subsidiary acquired all the outstanding common shares of ATAC for total consideration of approximately US$18.7 million in the form of 3,676,904 shares of Hecla common stock issued to ATAC shareholders based on the share exchange ratio of 0.0166 of Hecla share for each ATAC common share. As part
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000119312523184582/0001193125-23-184582-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.