http://ir.hecla-mining.com/file/Index?KeyFile=389273935

COEUR D’ALENE, Idaho–(BUSINESS WIRE)– Hecla Mining Company (NYSE:HL) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its 6.875% Senior Notes due 2021 (the “Notes”). There is $506.5 million aggregate principal amount of Notes outstanding. The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated June 28, 2017 (the “Offer to Purchase”), which is being sent to holders of the Notes.

The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on July 6, 2017, unless extended or earlier terminated as described in the Offer to Purchase (such time and date, as they may be extended, the “Expiration Time”). Tenders of the Notes must be properly made before the Expiration Time and may be withdrawn at any time before the Expiration Time. Holders of the Notes who validly tender (and do not validly withdraw) their Notes at or prior to the Expiration Time, or who deliver to the information and tender agent a properly completed and duly executed Notice of Guaranteed Delivery in accordance with the instructions described in the Offer to Purchase, will receive in cash $1,038.13 per $1,000 principal amount of Notes validly tendered and accepted by the Company for purchase in the Tender Offer, plus accrued and unpaid interest to, but not including, the settlement date, which is expected to be July 7, 2017.