Equinox Resources (TSE) and Hecla Mining (NYSE) have agreed to amalgamate on the basis 0.3 Hecla shares for each share of Equinox tendered.
Goepel Shields & Partners, Equinox’s financial advisers, found the deal to be fair and, as a result, Equinox’s board recommends shareholders approve the deal. The company will hold a meeting to approve the deal on Feb. 25.
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