The mining newspaper for Alaska and Canada's North

ATAC acquiesces to Hecla's superior offer

Rackla, Connaught to Hecla; new Spinco keeps old ATAC assets North of 60 Mining News - February 22, 2023

ATAC Resources Ltd. and Hecla Mining Company Feb. 21 announced the mutual entering of a non-binding letter of intent for Hecla to acquire all issued and outstanding shares of ATAC.

Less than a week after facing pressure from Victoria Gold Corp. for its own bid to acquire ATAC, the company has chosen what it views as a more valuable transaction.

You can read about Victoria Gold's bid for ATAC at Vi...

 

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