HECLA MINING COMPANY Common Stock, $0.25 par value per share EQUITY DISTRIBUTION AGREEMENTTerms Agreement • February 23rd, 2016 • Hecla Mining Co/De/ • Mining & quarrying of nonmetallic minerals (no fuels) • New York
Hecla Mining Company, a Delaware corporation (the “Company”), confirms its agreement (this “Agreement”) with BMO Capital Markets Corp., a Delaware corporation (“BMOCM”), with respect to the issuance and sale from time to time by the Company of shares (the “Shares”) of the Company’s common stock, $0.25 par value per share (the “Common Stock”), having an aggregate offering price of up to $75,000,000 (the “Maximum Amount”) through or to BMOCM, as sales agent or principal, on the terms and subject to the conditions set forth in this Agreement.
