HECLA PARTICIPATES IN DOLLY VARDEN SILVER CORPORATION FINANCING

By CNW Group

Hecla Mining Company (NYSE: HL) (“Hecla”) announced today that on February 22, 2022, a wholly owned subsidiary of Hecla entered into the Subscription Agreement to acquire 9,048,539 Common Shares of Dolly Varden Silver Corporation (“Dolly Varden”). The transactions under the Subscription Agreement are scheduled to be completed on February 25, 2022, conditional upon and immediately after Dolly Varden's issuance of 76,504,590 Shares to Fury Gold Mines Ltd. (“Fury”) in connection with the acquisitio

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