June 27, 2016 / 6:17 PM / a year ago

BRIEF-Hecla Mining to make takeover bid for all of shares of Dolly Varden Silver for C$0.69

June 27 (Reuters) - Hecla Mining Co:

* Hecla announces takeover bid for shares of dolly varden silver at 97 pct premium

* Will make takeover bid for all of outstanding shares of dolly varden silver not owned by hecla and its affiliates for C$0.69 cash/share

* Also entered into support agreements with shareholders who collectively hold 2.5 million Dolly Varden shares, 1.3 million Dolly Varden warrants

* Hecla's takeover bid for Dolly Varden has been approved by hecla's board of directors and will not require approval by its shareholders Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below