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EXHIBIT 99
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[Letterhead of Hecla Mining Company]
____________, 1999
Name and Address of Purchaser
Dear Sirs:
This letter sets forth the agreement of ______________ (the "Purchaser")
and Hecla Mining Company (the "Company") regarding the purchase by Purchaser
from the Company of the Company's common stock (the "Common Stock") on the date
hereof. The parties agree as follows:
1. This agreement relates to the purchase by Purchaser of _________
shares of the Company's Common Stock for an aggregate purchase price of
$___________, which purchase is being settled by the parties on the date hereof.
2. The Company represents and warrants that (a) the shares of Common
Stock issued by the Company to Purchaser have been registered under the
Securities Act of 1933, as amended (the "Securities Act"), pursuant to a
registration statement on Form S-3, Commission File Number 33-59659 (the
"Registration Statement"); and (b) the Company has filed a prospectus supplement
to the Registration Statement in connection with this transaction.
3. The shares of Common Stock purchased from the Company by Purchaser
hereunder have been authorized for listing on the New York Stock Exchange.
4. The Company will promptly notify Purchaser of (a) any stop order or
other suspension of the effectiveness of the Registration Statement and (b) the
happening of any event as a result of which the prospectus included in the
Registration Statement includes an untrue statement of a material fact or omits
to state a material fact required to be stated therein, or necessary to make the
statements therein, in light of the circumstances under which they were made,
not misleading.
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5. This agreement and the legal relations between the parties hereto with
respect to any purchase of Common Stock by Purchaser hereunder shall be governed
and construed in accordance with the substantive laws of the State of New York
without giving effect to the conflicts of law principles thereunder.
Please execute a copy of this letter which, when executed by Purchaser,
will constitute an agreement between the Company and Purchaser.
Very truly yours,
Hecla Mining Company
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Vice President - Chief Financial
Officer
AGREED TO:
Name of Purchaser
By:
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Name:
Title: