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EXHIBIT 99
[Letterhead of Hecla Mining Company]
May , 1999
Name and Address of Purchaser
Dear Sirs:
This letter sets forth the agreement of _____________
(the "Purchaser") and Hecla Mining Company (the "Company")
regarding the purchase by Purchaser from the Company of the
Company's common stock (the "Common Stock") on the date
hereof. The parties agree as follows:
1. This agreement relates to the purchase by
Purchaser of _________ shares of the Company's Common Stock
for an aggregate purchase price of $____________, which
purchase is being settled by the parties on the date hereof.
2. The Company represents and warrants that (a) the
shares of Common Stock issued by the Company to Purchaser
have been registered under the Securities Act of 1934, as
amended (the "Securities Act"), pursuant to a registration
statement on Form S-3, Commission File Number 33-59659 (the
`Registration Statement"); and (b) the Company has filed a
prospectus supplement to the Registration Statement in
connection with this transaction.
3. The shares of Common Stock purchased from the
Company by Purchaser hereunder have been authorized for
listing on the New York Stock Exchange.
4. The Company will promptly notify Purchaser of (a)
any stop order or other suspension of the effectiveness of
the Registration Statement and (b) the happening of any
event as a result of which the prospectus included in the
Registration Statement includes an untrue statement of a
material fact or omits to state a material fact required to
be stated therein, or necessary to make the statements
therein, in light of the circumstances under which they were
made, not misleading.
5. This agreement and the legal relations between the
parties hereto with respect to any purchase of Common Stock
by Purchaser hereunder shall be governed and construed in
accordance with the substantive laws of the State of New
York without giving effect to the conflicts of law
principles thereunder.
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May , 1999
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Please execute a copy of this letter which, when
executed by Xxxxxxxxx, will constitute an agreement between
the Company and Purchaser.
Very truly yours,
HECLA MINING COMPANY
By: /s/ Xxxx X. Xxxxxxxx
___________________________
Name: Xxxx X. Xxxxxxxx
Title: Vice President -
Chief Financial Officer
AGREED TO:
Name of Purchaser
By:_____________________________
Name:
Title:
