The amendment represents a new three-year term on the credit facility, and Scotia Capital and ING Capital are the lenders for the facility.
Hecla president and CEO Phillips Baker Jr. said the company’s cash on hand combined with the increased revolving credit facility gives it greater financial flexibility for growth initiatives.
"In addition, it demonstrates the continued confidence in our ability to execute our operation and development plans," Baker said.
Hecla has two operating mines and exploration properties in four world-class silver mining districts in the US and Mexico.
