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News Breaks | | | | March 19, 2013 | | 05:15 EDT |  | AZK, AGI, HL | Aurizon Mines responds to BCSC decision to cease trade New Rights Plan
The board of Aurizon Mines (AZK) responded to a decision by the British Columbia Securities Commission , or BCSC, to cease trade the company's new shareholder rights plan. The BCSC announced its decision following a hearing on March 15, which was held in response to an application made by Alamos Gold (AGI). Alamos had also sought to cease trade the board-supported Hecla (HL) arrangement on the basis of the break fee included in the arrangement, and that order was not granted by the BCSC. The BCSC indicated that the reasons for its decision would follow. The Toronto Stock Exchange had previously determined, in accordance with its rules, to defer its consideration of the acceptance for filing of the New Rights Plan. | |
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News For AZK;AGI;HL From The Last 14 Days Check below for free stories on AZK;AGI;HL the last two weeks. |
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| May 15, 2013 | | 07:04 EDT |  | AZK | Aurizon Mines reports Q1 EPS (2c), consensus 0c
 Subscribe for More Information | | | May 10, 2013 | | 08:27 EDT | | AZK, HL | Hecla Mining says Aurizon Mines shareholders voted in favor acquisition
On May 9, Aurizon Mines (AZK) shareholders voted in favor of the Hecla (HL) acquisition, the company announced. Hecla said it expects to complete the acquisition of Aurizon during the second quarter upon receipt of Investment Canada regulatory approval. Aurizon's core asset is the Casa Berardi gold mine in Quebec, Canada, with 2013 gold production estimated by Aurizon of 125,000-130,000 ounces. Also, subsequent to the first quarter, Hecla completed a $500M offering of 6.875% Senior Notes due 2021, which will partially fund the acquisition, it said. | | | 08:24 EDT | | HL | Hecla Mining reports Q1 adjusted EPS 1c, consensus 4c
Reports Q1 revenue $76.5M, consensus $94.78M. Reports Q1 silver production 1.9M ounces at a cash cost of $7.02 per ounce, net of by-products. | |
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