The mining newspaper for Alaska and Canada's North

Hecla withdraws Dolly Varden takeover bid

Dolly Varden Silver Corp. July 25 reported that the British Columbia Securities Commission and the Ontario Securities Commission denied a request by Hecla Mining Company to stop Dolly Varden from completing a previously announced private placement financing.

Hecla, which owned roughly 19.8 percent of Dolly Varden's shares on a partially diluted basis, has argued that the financing would be destruc...


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