North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Photos from: ATAC extends LOI with Hecla another month

ATAC Resources Ltd.

Under the current agreement, Hecla will acquire ATAC for C14 cents a share, resulting in nearly C$31 million in Hecla shares and a value of approximately C$8 million shares for a spinoff copper exploration company that will hold ATAC's earlier staged assets and an initial C$2 million invested by Hecla.

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