RE:RE:Hecla share price to determine # shares to ATAC shareholder The exchange rate MUST be based upon the original date of the announcement of the merger. Anything less would be unfair.
2.21.23 HL closing price of $5.06. 14 cents CAD = 10.5 cents USD. $5.06 divided by .105 = 48.2 shares of ATC per share of HL.
Anything less needs to be rejected. The offer is already low, so we shouldn't expect to lose out on any market movements in the interim.