Bunker Hill Mining Corp. announces it has received the final tranche, in the amount of US$6 million under the senior secured credit facility with Sprott Private Resource Streaming and Royalty Corp. , pursuant to which Sprott Streaming has already advanced US$15 million and has agreed to advance up to an aggregate of US$21 million under the Standby Facility, to fund development costs of the Company's Bunker Hill Mine [...]
Bunker Hill Mining Corp. announces it has been advanced the third tranche, in the amount of US$5 million under the senior secured credit facility with Sprott Private Resource Streaming and Royalty Corp. , pursuant to which Sprott Streaming has already advanced US$10 million and has agreed to advance up to an aggregate of US$21 million under the Standby Facility, to fund development costs of the Company's Bunker Hill Mine [...]
Bunker Hill Mining Corp. is pleased to provide an update on operational and corporate activity. The Company is actively engaged in discussions with strategic financing partners while continuing to advance the mine restart. Highlights include: Safety milestone: Achievement of an entire year without injuries in 2024 Optimization of environmental bonding commitments Processing plant construction: Ongoing development of the [...]
Bunker Hill Mining Corp. announces that it has closed the fifth tranche of the previously announced silver loan with Monetary Metals Bond III LLC , an entity established by Monetary Metals & Co. , in the principal amount of US$1,478,847, being the amount of US dollars equal to 50,198 ounces of silver as of the date such amount was advanced to the LLC . Sam Ash, President and CEO, said: "While most of the market has been [...]
Bunker Hill Mining Corp. announces certain updates to its news release dated December 20, 2024 in connection with the Company's election to issue an aggregate of up to 8,446,194 shares of common stock of the Company in full satisfaction of debenture interest payment obligations and outstanding financing cooperation fees, including: an aggregate of up to 7,392,859 Common Shares to certain holders of 7.5% convertible [...]
Bunker Hill Mining Corp. announces that it has elected to issue an aggregate of 7,392,859 shares of common stock of the Company to certain holders of 7.5% convertible debentures and 10.5% convertible debentures in full satisfaction of the interest payable thereunder as of December 31, 2024 in the aggregate amount of USD$517,500.00 . The Convertible Debentures mature on March 31, 2028 & March 31, 2029, respectively. In [...]
Bunker Hill Mining Corp. announces it has been advanced the second tranche, in the amount of US$5 million under the senior secured credit facility with Sprott Private Resource Streaming and Royalty Corp. , pursuant to which Sprott has agreed to advance up to US$21 million under the Standby Facility, to fund development costs of the Company's Bunker Hill Mine located in Kellogg, Idaho , subject to the satisfaction of [...]
HIGHLIGHTS Multiple high-grade polymetallic zones intersected in the upper part of the mine, including: 14.7% Zn 5.2% Pb and 2.10 Ag Opt over 13.2 ft from 380-396.4 ft, DH 7099 8.83% Zn 2.95% Pb and .85 Ag Opt over 13.5 ft from 361.5-375 ft, DH 7093 4.99% Zn 1.40% Pb and .48 Ag Opt over 8.8 ft from 66.5-75.3 ft, DH 7097 To date, Bunker Hill has drilled 15 underground drill holes, with the current drill program expected to [...]
Bunker Hill Mining Corp. announces that the Bunker Hill Mine restart project, which is approximately 64% complete with 98% of procurement completed, has undergone a strategic review resulting in an updated timeline and capital requirements. Pursuant to this review, the Company now forecasts a total restart expenditure of $103 million, up from the previously forecasted $67 million and the $56 million in the 2022 [...]
Bunker Hill Mining Corp. announces that it has closed the fourth tranche of the previously announced silver loan with Monetary Metals Bond III LLC , an entity established by Monetary Metals & Co. , in the principal amount of US$1,250,000, being the amount of US dollars equal to 39,619.6513 ounces of silver as of the date such amount was advanced to the LLC . President and CEO Sam Ash stated, "Thanks to the backing of our [...]
Bunker Hill Mining Corp. announces that it has closed the third tranche of the previously announced silver loan with Monetary Metals Bond III LLC , an entity established by Monetary Metals & Co. , in the principal amount of US$6,321,112, being the amount of US dollars equal to, as of November 6, 2024, 198,777 ounces of silver. Silver Loan As described in the news releases dated June 7, 2024, August 8, 2024 and September [...]
Bunker Hill Mining Corp. is pleased to announce that it has received a non-binding Letter of Interest from the Export-Import Bank of the United States for a debt funding package of up to $150M with a loan term of up to 15 years. The funding will enable the Company to expedite the development of the 2500tpd Bunker 2.0 expansion project coincident with restarting the mine and strengthening the balance sheet. "We are [...]
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