Bloomberg reported that Hecla Mining is buying Aurizon Mines Ltd. for $781.7 million.

As quoted in the market report

Aurizon investors will receive C$4.75 in cash or 0.9953 of Hecla stock for each share they own, Coeur D’Alene, Idaho-based Hecla said today in a statement. Aurizon’s board unanimously backed the Hecla offer and its directors and senior officers have agreed to vote their shares in favor of the deal, it said.

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