---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-010330"
form_type: "8-K/A"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:29:17.648520+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hecla sells Casa Berardi to Orezone for up to $593M; to redeem $263M notes

## Summary
- Closed March 25: received $160M cash + 65.8M Orezone shares ($95.5M); deferred payments up to $80M; contingent royalty up to $241M.
- Proceeds to redeem remaining $263M of 7.25% Senior Notes due 2028 using $160M cash and existing resources.
- Pro forma shows ~$19M annual interest expense reduction; estimated loss on disposal of $196.9M.
- Hecla Quebec Inc. contributed $319M revenue and $33M D&A in 2025; segment removed from ongoing operations.

## SEC filing metadata
- accession: 0001437749-26-010330
- form_type: 8-K/A
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000143774926010330/0001437749-26-010330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000143774926010330/hl20260330_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-010330
- JSON: https://secwatch.observer/filing/0001437749-26-010330.json
- Plain text: https://secwatch.observer/filing/0001437749-26-010330.txt

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