Bunker Hill Mining is pleased to announce the completion of the purchase of the Pend Oreille Mill from a subsidiary of Teck Resources and provide an update on the dismantling, demobilization, and relocation activities. Sam Ash, CEO stated: “We are excited to report significant early progress on the mill dismantling and demobilization process at Pend Oreille, including the successful removal and relocation of the surface [...]
Bunker Hill Mining Corp. is pleased to announce that the Company received a receipt today from the Ontario Securities Commission for its final short-form Canadian prospectus qualifying the distribution of the common stock of the Company and common stock purchase warrants of the Company issuable upon exercise of the special warrants of the Company that were issued on April 1, 2022. The Company is also pleased to announce [...]
Bunker Hill Mining is pleased to provide an update on restart project activities taking place at the Bunker Hill Mine. Sam Ash, CEO stated: “It’s exciting to witness the significant acceleration of physical activity at the Mine since we raised our last equity capital, driven by our expanded and Kellogg-based operational team. Whether it’s driving the underground decline to access areas for potential pre-production revenue [...]
Bunker Hill Mining Corp. is pleased to announce that the Company has closed the private placement of 37,849,325 special warrants, previously announced on March 9, 2022, and concurrent non-brokered private placement of 1,471,644 units of the Company for aggregate gross proceeds of approximately $11,796,297. The Special Warrant private placement and concurrent non-brokered private placement are unrelated to the separately [...]
Bunker Hill Mining is pleased to announce it has reached an agreement with a subsidiary of Teck Resources Limited to satisfy the remaining purchase price for the Pend Oreille Mill, for which an executed Asset Sale and Purchase Agreement was announced on March 7, 2022, in an equity issuance of the Company. Sam Ash, CEO stated, "I am very pleased to welcome Teck as a significant shareholder in Bunker Hill while completing [...]
Bunker Hill Mining is pleased to provide an update on its Bunker Hill Mine project, following on from its previous update in November 2021. Sam Ash, CEO stated: "I am very pleased with the progress that the Bunker Hill team and its partners are making in finalizing the restart plan for the mine, concurrent with our on-going equity financing. We remain on track to enable a construction decision in Q2 2022." RESTART PROJECT [...]
Bunker Hill Mining Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents led by Echelon Wealth Partners Inc. , which have agreed to act as agents for and on behalf of the Company, on a commercially reasonable "best efforts" agency basis, without underwriter liability, in connection with a proposed private placement of up to C$15 million of special warrants of the Company which will [...]
Bunker Hill Mining Corp. is pleased to announce the signing of an Asset Purchase Agreement for the purchase of the Pend Oreille process plant from a subsidiary of Teck Resources Limited . Closing of the transaction remains subject to certain conditions, including payment of the remaining purchase price by May 15, 2022 Sam Ash, CEO, stated "Finalizing the APA with Teck is a key milestone. With rights to the process plant [...]
Bunker Hill Mining Corp. is pleased to announce the purchase of a 225-acre surface land parcel for approximately $200,000. Sam Ash, CEO, stated "We are excited to secure a more than 50% increase in our surface land ownership with the purchase of a private ground parcel centered around the main haulage entrance to the Bunker Hill Mine. This will serve as a strategic asset for the rapid restart of the mine, optimizing [...]
Bunker Hill Mining Corp. announces the filing of an amended technical report for the Bunker Hill Mine to address comments from the Ontario Securities Commission , as a result of a voluntary application by the Company for review of its technical disclosure by the OSC Staff. The Company has addressed OSC Staff's comments on the technical report titled "Technical Report and Preliminary Economic Assessment For Underground [...]
Bunker Hill Mining Corp. is pleased to announce the appointment of Tom Francis as General Manager for the Bunker Hill Mine, and the execution of a mining services contract with Coeur d'Alene Mine Contracting LLC . Sam Ash, CEO stated, "A critical driver of our success has been the strength that comes from building a world-class team, which will remain a central focus as we accelerate the restart of the Bunker Hill Mine [...]
Bunker Hill Mining Corp. is pleased to announce the closing of the previously announced Convertible Debenture with Sprott Private Resource Streaming & Royalty Corp for total gross proceeds of $6 million, an increase of $1 million from the previously envisaged $5 million. All figures are in US dollars unless otherwise stated. Sam Ash, CEO, stated "We are pleased to announce the closing and upsizing of the second tranche of [...]