SUPPLEMENTAL INDENTURE
Exhibit 4.1(c)
SUPPLEMENTAL INDENTURE (this “Joining Supplemental Indenture”), dated as of February 6, 2023 among ALEXCO RESOURCE CORP., a corporation existing under the laws of the Province of British Columbia (the “Guaranteeing Subsidiary”), a subsidiary of Hecla Mining Company (or its permitted successor), a Delaware corporation (the “Company”), the other Guarantors (as defined in the Indenture referred to herein) and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”).
W I T N E S S E T H
WHEREAS, reference is hereby made to the Indenture, dated as of February 19, 2020 (the “Base Indenture”), between the Company and the Trustee, as supplemented by the First Supplemental Indenture, dated as of February 19, 2020 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), providing for the issuance of the Company’s 7.250% Senior Notes due 2028 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 10.01 of the Base Indenture and Section 4.18 of the First Supplemental Indenture, the Trustee is authorized to execute and deliver this Joining Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
IN WITNESS WHEREOF, the parties hereto have caused this Joining Supplemental Indenture to be duly executed and attested, all as of the date first above written.
Dated: February 6, 2023
ALEXCO RESOURCE CORP.
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
HECLA MINING COMPANY
By: /s/ Xxxxxxx X. Xxxxx, Xx.
Name: Xxxxxxx X. Xxxxx, Xx.
Title: President and CEO
HECLA ADMIRALTY COMPANY, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
HECLA LIMITED, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
[Signature Page to Joining Supplemental Indenture]
HECLA SILVER VALLEY, INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
HECLA MC SUBSIDIARY, LLC, as a Guarantor
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: President
RIO GRANDE SILVER, INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
SILVER HUNTER MINING COMPANY, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
HECLA ALASKA LLC, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Manager
[Signature Page to Joining Supplemental Indenture]
HECLA GREENS CREEK MINING COMPANY, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
HECLA JUNEAU MINING COMPANY, as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
XXXXX TRADING, INC., as a Guarantor
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: Vice President
MINES MANAGEMENT, INC., as a Guarantor
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: President
NEWHI, INC., as a Guarantor
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: President
[Signature Page to Joining Supplemental Indenture]
MONTANORE MINERALS CORP., as a Guarantor
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: President
HECLA MONTANA, INC., as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
REVETT SILVER COMPANY, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
XXXX MINE INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
RC RESOURCES, INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
[Signature Page to Joining Supplemental Indenture]
REVETT EXPLORATION, INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
REVETT HOLDINGS, INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
KLONDEX HOLDINGS (USA) INC., as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
KLONDEX GOLD & SILVER MINING COMPANY, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
KLONDEX MIDAS HOLDINGS LIMITED, as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
[Signature Page to Joining Supplemental Indenture]
KLONDEX MIDAS OPERATIONS INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
KLONDEX AURORA MINE INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
KLONDEX HOLLISTER MINE INC., as a Guarantor
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Vice President
HECLA QUEBEC INC., as a Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
[Signature Page to Joining Supplemental Indenture]
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
as Trustee
By: /s/ Xxx X. Xxxxxxx
Name: Xxx X. Xxxxxxx
Title: Vice President
[Signature Page to Joining Supplemental Indenture]