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Hecla Mining Co/DE – ‘SC 13D/A’ on 9/21/95 re: Hecla Mining Co/DE

As of:  Thursday, 9/21/95   ·   Accession #:  719413-95-13   ·   File #:  5-35201

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer

 9/21/95  Hecla Mining Co/DE                SC 13D/A               1:8K   Hecla Mining Co/DE

Amendment to General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amend. No. 3 Schedule 13D Hecla Mining                 4     15K 


Document Table of Contents

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11st Page   -   Filing Submission
"Schedule 13D
3Item 3. Source and Amount of Funds or Other Consideration
"Item 4. Purpose of Transaction
"Item 5. Interest in Securities of the Issuer
4Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Consolidated Silver Corporation ---------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.10 par value ---------------------------------------------------------------------------- (Title of Class of Securities) 210120 10 1 ----------------- (CUSIP Number) Michael B. White 6500 Mineral Drive Coeur d'Alene, Idaho 83814-8788 (208) 769-4100 -------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 21, 1995 ------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box _____. Check the following box if a fee is being paid with the statement _____. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13-d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the act (however, see the Notes).
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SCHEDULE 13D CUSIP NO. 210120 10 1 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Hecla Mining Company 82-0126240 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) _____ (b) _____ 3 SEC USE ONLY 4 SOURCE OF FUNDS 00 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 7 SOLE VOTING POWER NUMBER OF 7,418,300 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER WITH 7,418,300 10 SHARED DISPOSITIVE POWER -0- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,418,300 12 CHECK BOX IF THE AGGREGATE NUMBER IN ROW (11) EXCLUDES CERTAIN SHARES _____ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 78.45% 14 TYPE OF REPORTING PERSON CO *SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 3 amends and supplements the Schedule 13D as previously filed and amended ("Schedule 13D") by Hecla Mining Company ("Hecla") related to the common stock ($.10 par value) of Consolidated Silver Corporation, an Idaho Corporation (the "Company"). Unless specifically defined herein, capitalized terms shall have the same meaning as set forth in Schedule 13D. 1. Item 3 is hereby amended and supplemented as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The additional 1,250,000 shares of common stock ($.10 par value per share) of the Company was acquired by Hecla from authorized but unissued common shares of the Company in a transaction between Hecla and the Company pursuant to which Hecla agreed to exchange and deliver to the Company 12,500 shares of preferred stock of the Company ($100 par value per share) held by Hecla. 2. Item 4 is hereby amended and supplemented as follows: ITEM 4. PURPOSE OF TRANSACTION The transaction reflects Hecla's continued interest in maintaining a significant equity position in the Company while allowing the Company to eliminate the preferential rights and redemption obligations of the Company with respect to the outstanding preferred shares held by Hecla. 3. Item 5 is hereby amended and supplemented as follows: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the date hereof, Hecla owned 7,418,300 shares of common stock of the Company of which 1,250,000 shares were acquired on September 21, 1995. (b) Based on the 9,455,689 shares of common stock of the Company which were outstanding as of September 21, 1995, the 7,418,300 shares owned by Hecla as of that date represented approximately 78.45% of such outstanding shares (an increase of 1,250,000 shares). (c) Hecla has the sole power to vote the total number of shares listed herein.
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4. Item 6 is hereby amended and supplemented as follows: ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER The information set forth under Items 3 and 4 is incorporated herein by reference. The disclosures set forth in Schedule 13D remain in effect except as specifically amended and supplemented by this Amendment No. 3. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: September 21, 1995 HECLA MINING COMPANY By: /s/ Michael B. White --------------------------------- Name: Michael B. White Title: Vice President - General Counsel and Secretary

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Filing Submission 0000719413-95-000013   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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