Recent Updates — HL

Hecla Mining Company entered into a new $500 million senior secured revolving credit facility on September 16, 2026, with an option to increase commitments by up to $100 million. The facility matures on September 16, 2030, and may be extended for one additional year. Proceeds are designated for working capital, capital expenditures, general corporate purposes, and refinancing existing indebtedness. Concurrently, the company terminated its previous credit agreement dated July 21, 2022, repaying all outstanding obligations thereunder. The new facility is secured by pledges of equity interests in subsidiaries associated with Greens Creek operations but excludes a mortgage on the mine or liens on substantially all assets. Hecla operates as a mining company focused on precious metals production.