(Reuters) - Hecla Mining Co (HL.N), the No.2 U.S. silver miner by output, said it will buy Canadian gold miner Aurizon Mines Ltd (ARZ.TO) for about C$796 million ($774.36 million), nearly a month after the Canadian company rejected an unsolicited offer from Alamos Gold Inc (AGI.TO).
The offer price of C$4.75 per share represents a premium of 9 percent to Aurizon’s Friday closing of C$4.35.
Aurizon said last month it was in talks with a number of potential buyers.
($1 = 1.0280 Canadian dollars)
Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Supriya Kurane