---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-009820"
form_type: "8-K"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:08:01.818251+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hecla closes Casa Berardi sale for $160M cash + 65.8M Orezone shares; redeems $263M notes

## Summary
- Sale of Casa Berardi to Orezone affiliate closed: $160M cash, 65.8M Orezone shares, plus up to $321M deferred/contingent.
- Hecla delivered full redemption notice for $263M 7.25% Senior Notes due 2028; redemption on April 9, 2026 at par plus accrued interest.
- Proceeds and cash on hand will fund note redemption, strengthening the balance sheet and financial flexibility.
- CEO Rob Krcmarov highlighted the transaction as a defining moment, positioning Hecla as the premier North American silver producer.
- Hecla now focuses on silver assets: Greens Creek, Lucky Friday, and Keno Hill.

## SEC filing metadata
- accession: 0001437749-26-009820
- form_type: 8-K
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000143774926009820/0001437749-26-009820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000143774926009820/hl20260325_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-009820
- JSON: https://secwatch.observer/filing/0001437749-26-009820.json
- Plain text: https://secwatch.observer/filing/0001437749-26-009820.txt

## Key facts
- M&A Transactions
  HECLA MINING CO/DE/ completed a disposition involving 17629346 Canada Inc., an affiliate of Orezone Gold Corporation for $160 million in cash and approximately 65.8 million Orezone common shares (closed 2026-03-25).
  - Action: disposition
  - Counterparty: 17629346 Canada Inc., an affiliate of Orezone Gold Corporation
  - Consideration: $160 million in cash and approximately 65.8 million Orezone common shares
  - Closing: 2026-03-25
  source text: As part of the Transaction, the Company’s direct wholly-owned subsidiary received $160 million in cash and approximately 65.8 million Orezone common shares upon closing and is entitled to receive deferred cash payments and contingent cash consideration of up to $321 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000143774926009820/0001437749-26-009820-index.htm

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