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dividends in arrears |
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Exchange of a corporation's outstanding preferred stock with dividends in arrears for other corporate stock. At June 30, 2007, the amount of unpaid dividends in arrears on our Series 2 Preferred totaled approximately $4. Hecla was not previously eligible to file a shelf registration due to the existence of dividends in arrears to holders of the Company's Preferred B stock, which have now been paid. |
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