U.S. silver miner Hecla Mining (HL) agrees to acquire Canadian gold miner Aurizon Mines (AZK)...

|About: Hecla Mining Co. (HL)|By:, SA News Editor

U.S. silver miner Hecla Mining (HL) agrees to acquire Canadian gold miner Aurizon Mines (AZK) for ~C$796M, nearly a month after AZK rejected an offer from Alamos Gold (AGI). The offer price of C$4.75/share represents a 9% premium to Aurizon's Friday closing of C$4.35. HL -9%, AZK +6.2% premarket.