flemsnopes well, the cash payout per AZK share said to be around as low as $3.46 prorated + HL shares up to a maximum of 57 mil. shares and cash up to CAD$4.75 -
Under the arrangement, Aurizon securityholders were entitled to elect to receive CAD$4.75 (the "Cash Consideration") or 0.9953 of a Hecla share (the "Share Consideration") per Aurizon share, subject in each case to pro-ration based on a maximum cash consideration of approximately CAD$513.6 million and a maximum of 57,000,000 Hecla shares.
Aurizon Mines Ltd. (TSX:ARZ)(NYSE MKT:AZK) ("Aurizon" or the "Company") is pleased to announce that the Supreme Court of British Columbia has today granted the final order approving the previously announced Plan of Arrangement with Hecla Mining Company. Completion of the Arrangement is subject to various conditions, including Hecla receiving approval under the Investment Canada Act.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.