Hecla Mining Company has filed an amendment to its previous 8-K report, detailing the completion of the sale of its wholly-owned subsidiary, Hecla Quebec Inc. ("HQI"), to 17629346 Canada Inc., an affiliate of Orezone Gold Corporation. The transaction, which was initially announced on January 26, 2026, involved a total consideration of up to $593 million, including cash and equity components. The amendment includes unaudited pro forma condensed consolidated financial information for the years ended December 31, 2025, 2024, and 2023, reflecting the impact of the disposal on Hecla's financials. The cash consideration received upon closing was $160 million, along with approximately 65.8 million Orezone common shares valued at $95.5 million. The company plans to utilize the cash proceeds to redeem its remaining $263 million 7.25% Senior Notes due February 15, 2028. This strategic move is expected to enhance Hecla's liquidity position and streamline its operations following the divestiture of HQI, which owns the Casa Berardi segment and various exploration properties in Quebec, Canada. The pro forma financials indicate adjustments that reflect the disposal's impact on Hecla's earnings and operational metrics, providing investors with a clearer picture of the company's financial health post-transaction. The filing underscores Hecla's commitment to optimizing its asset portfolio and enhancing shareholder value through strategic divestitures and financial management.

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