Hecla Mining Company (HL) M&A Call Transcript

Core Viewpoint - The acquisition of Casa Berardi Mine and other exploration assets within the Hecla Quebec portfolio is a strategic expansion for Orezone, positioning the company as a diversified multi-asset gold producer amid record gold prices [2]. Acquisition Highlights - The transaction establishes Orezone in a Tier 1 mining jurisdiction in Quebec, enhancing its scale, production, and free cash flow [4]. - Casa Berardi has a long operating history with a well-established resource and reserve base, providing substantial exploration upside for future asset growth [4]. - The acquisition aligns with Orezone's technical expertise, as several team members have extensive operational experience in both underground and open-pit mining [4]. - The transaction is accretive on key operating and financial per share metrics, benefiting all existing shareholders [4]. - Financing for the transaction is supported by Franco-Nevada, which collaborated closely with Orezone throughout the process [4].