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August 01, 2015 4:30 PM ET

Metals and Mining

Company Overview of Revett Mining Company, Inc.

Company Overview

Revett Mining Company, Inc., through its subsidiaries, engages in the exploration, development, mining, and processing of mineral properties in the United States. The company explores for copper and silver ores. It principally holds interests in the Troy Mine project comprising 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land, and 394 acres of patented claim lands located in Lincoln County, Montana; and Rock Creek project, which include 99 patented lode-mining claims, 370 unpatented lode-mining claims, 5 tunnel site claims, 85 mill site claims, and 754 acres of fee land located in Sanders County, Montana. The company was formerly known as...

11115 East Montgomery

Suite G

Spokane Valley, WA 99206

United States

Founded in 1999

16 Employees

Phone:

509-921-2294

Fax:

509-891-8901

Key Executives for Revett Mining Company, Inc.

Revett Mining Company, Inc. does not have any Key Executives recorded.

Revett Mining Company, Inc. Key Developments

Revett Mining Announces Management Changes

On June 12, 2015, the stockholders of Revett Mining Company, Inc. approved an agreement and plan of merger, dated as of March 26, 2015, as amended, by and among the company, Hecla Mining Company and RHL Holdings, Inc. On June 15, 2015, pursuant to the Merger Agreement, Merger Sub was merged with and into Revett. Upon the completion of the Merger, Revett became a wholly-owned subsidiary of Hecla. In connection with the Merger, each of John G. Shanahan, Larry M. Okada, Timothy R. Lindsey, Albert F. Appleton and John B. McCombie resigned his respective position as a member of the board of directors of the company and any committee of the board, effective as of the closing of the merger. In connection with the Merger, each of John G. Shanahan, Kenneth Eickerman, Doug Stiles and Monique Hayes resigned from their respective positions as officers of the company, effective as of the closing of the merger.

Revett Mining Company, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

Revett Mining Company, Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company's loss from operations was $2.48 million, compared to $2.56 million for the same quarter ended March 31, 2014. Loss before income taxes was $2.53 million, compared to $834,000 for the same quarter ended March 31, 2014.

Revett Mining Company, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Revett Mining Company, Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net loss of $2.5 million, or $0.06 per share basic. Net loss for the first quarter of 2014 was $0.8 million or $0.02 per share basic. Revenue was $2.3 million compared to $0.006 million a year ago. Basic and diluted EPS was $0.06 compared to $0.02 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 27, 2015
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