SA News • Aug. 7, 2012
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Aug. 7, 2012, 2:21 PMHecla Mining (HL -0.7%) ends its attempt to acquire U.S. Silver (USSIF.PK) after the developer of silver resources in Idaho said that a sufficient number of its common shareholders voted to approve a transaction with RX Gold & Silver. U.S. Silver had asked shareholders to reject Hecla's hostile bid. | Comment!
Jul. 30, 2012, 4:16 PMU.S. Silver (USSIF.PK) urges shareholders to reject Hecla Mining's (HL) hostile bid, calling it inadequate and highly opportunistic, and asks them to vote in favor of an earlier offer by RX Gold & Silver. Last week, HL made an all-cash offer of C$110.7M for U.S. Silver, a month after the Canadian company agreed to be bought by RX Gold. | Comment!
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