Form 8-K - Current report
26 Februar 2024 - 10:39PM
Edgar (US Regulatory)
HECLA MINING CO/DE/ false 0000719413 0000719413 2024-02-22 2024-02-22 0000719413 us-gaap:CommonStockMember 2024-02-22 2024-02-22 0000719413 us-gaap:SeriesBPreferredStockMember 2024-02-22 2024-02-22
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 22, 2024
HECLA MINING COMPANY
(Exact name of registrant as specified in its charter)
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Delaware |
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1-8491 |
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77-0664171 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
6500 North Mineral Drive, Suite 200
Coeur d’Alene, Idaho 83815-9408
(Address of principal executive offices) (Zip Code)
(208) 769-4100
Registrant’s telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Common Stock, par value $0.25 per share |
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HL |
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New York Stock Exchange |
Series B Cumulative Convertible Preferred Stock, par value $0.25 per share |
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HL-PB |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 26, 2024, the Company announced the Board of Directors (“Board”) of Hecla Mining Company (the “Company”) had increased the size of the Board, and appointed Mark P. Board as a Class II director (standing for election in 2024), to fill the resulting vacancy, effective February 22, 2024. Mr. Board was also appointed to serve on the Health, Safety, Environmental and Technical Committee. He will be eligible to receive standard director and committee fees, and to receive grants under the Company’s Stock Plan for Nonemployee Directors, all as described under the caption “Compensation of Non-Management Directors” in the Company’s proxy statement for its 2023 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on April 11, 2023. The news release is attached hereto as Exhibit 99.1 to this Form 8-K.
There are no arrangements or understandings between Mr. Board and any other person pursuant to which he was appointed to the Board, and there are no relationships between Mr. Board and the Company that would require disclosure under Item 404(a) of Regulation S-K of the Exchange Securities Exchange Act of 1934, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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HECLA MINING COMPANY |
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By: |
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/s/ David C. Sienko |
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David C. Sienko |
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Vice President and General Counsel |
Dated: February 26, 2024
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Exhibit 99.1
NEWS RELEASE
HECLA APPOINTS DIRECTOR
FOR IMMEDIATE RELEASE
February 26, 2024
COEUR DALENE, IDAHO
Hecla Mining Company (NYSE:HL) today announced the appointment of Mark P. Board as a Director effective February 23, 2024. Mr. Board has been President of M Board Mining Consulting, LLC since 2020. Prior to that, he served as
Vice President Innovation and Technical Services for Hecla Limited, a subsidiary of Hecla Mining Company, from June 2014 until his retirement in June 2020. Prior to that, he acted as a consulting engineer for Itasca Consulting Group where he
provided mine evaluation, mine design and stability assessments for underground and open pit mines worldwide. Mr. Broad has over 45 years of experience as a mining and geotechnical engineer and holds a PhD in Geological Engineering from the
University of Minnesota.
ABOUT HECLA
Founded in
1891, Hecla Mining Company (NYSE:HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho, and Quebec, the Company is developing a mine in the Yukon, Canada, and owns a number of
exploration and pre-development projects in world-class silver and gold mining districts throughout North America.
For further information, please contact:
Anvita Mishra Patil
Vice President Investor Relations and Treasurer
Cheryl Turner
Communications Coordinator
800-HECLA91 (800-432-5291)
Email: hmc-info@hecla.com
Website: www.hecla.com
Hecla Mining
Company ● 1-800-432-5291 ● hmc-info@hecla.com 1
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