Hecla Mining Boosts Stake in Cascadia Minerals

Hecla Mining Company (HL) has released an update.

Hecla Mining Company has expanded its stake in Cascadia Minerals Ltd. by purchasing 555,556 units for $100,000, each unit comprising a share and a warrant. This acquisition increases Hecla’s ownership to approximately 17.4% of Cascadia’s common shares, with the potential to reach about 28.4% if all warrants are exercised. The purchase aligns with Hecla’s investment strategy and they may adjust their position in the future.

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