INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Klondex Mines Ltd. and Encourages Shareholders to Contact the Firm for Additional Information

STEVENSON, Md.--()--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Klondex Mines Ltd. (NYSE American: KLDX) (“Klondex Mines” or the “Company”) relating to the proposed buyout of Klondex Mines by Hecla Mining Company.

Under the terms of the agreement, Klondex Mines shareholders are anticipated to receive $2.47 in cash or 0.6272 of a Hecla share. If all Klondex shareholders elect either the cash or share option, each Klondex shareholders would receive $0.8411 in cash and 0.4136 of a Hecla share.

The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock.

If you currently own common stock of Klondex Mines and believe that the proposed buyout price is too low, and you would like to learn more about the investigation being conducted, without cost or obligation to you, please contact Brower Piven either by email at or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.


Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153

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