Bunker Hill Mining Corp. is pleased to announce that the Company has closed its private placement of special warrants of the Company , previously announced on February 15, 2023, by issuing 51,633,727 Special Warrants at a price of C$0.12 per Special Warrant , for aggregate gross proceeds of C$6,196,047.26 . In addition, 10,416,667 common stock purchase warrants of the Company were exercised at a price of C$0.11 per [...]
Bunker Hill Mining Corp. announces that it is proposing to amend the exercise price of 10,416,667 common stock purchase warrants of the Company and the expiry date of the Warrants to March 31, 2023, subject to compliance with the policies of the Canadian Securities Exchange . The Warrants comprise units of the Company issued to Teck Resources Limited on a private placement basis on May 13, 2022, in consideration for the [...]
Bunker Hill Mining Corp. is pleased to affirm its total capital cost and budget estimates for the restart of the Bunker Hill Mine and provide an update regarding its project finance initiatives. Sam Ash, CEO, stated: "Based on further optimization of our restart plan, we are pleased to report that the total project budget remains in line with prior estimates. I can also report that our finance plan, centered on the [...]
Bunker Hill Mining Corp. is pleased to announce that it has priced its previously announced private placement of up to C$9 million of special warrants of the Company . The Special Warrants issuable by the Company pursuant to the Offering will be priced at C$0.12 per Special Warrant . The Agents also have the option to sell up to an additional 15% of the Special Warrants sold pursuant to the Offering at the Offering Price [...]
Bunker Hill Mining Corp. is pleased to provide a corporate update, including a status update on project and financing activities. Sam Ash, CEO stated: "We are pleased to provide a corporate update to our investors. With strong progress made to date on our key milestones, we are now focused on completing our project financing initiatives, including equity, offtake financing and the advancement of the Stream in order to [...]
Bunker Hill Mining Corp. is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc., as co-lead agent and co-bookrunner, on behalf of Roth Capital Partners, LLC, as co-lead agent and co-bookrunner, and Laurentian Bank Securities 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 [...]
Bunker Hill Mining Corp. announces that it has filed an amended pre-effective registration statement on Form S-1 with the United States Securities and Exchange Commission , in connection with a previously announced proposed commercially reasonable "best efforts" marketed public offering of common stock in the capital of the Company . As previously announced, the proposed Offering is envisaged to be conducted in the United [...]
HIGHLIGHTS 1800-foot underground decline completed between the 5 and 6 Levels, providing access for rubber-tired equipment to the Level 8 and approximately 2 million tons of mineralized material for initial 3 years Achievement represents majority of total pre-restart underground development requirements, ensures that underground development remains on schedule and on budget for Q4 2023 restart Access enables mining and [...]
Bunker Hill Mining Corp. is pleased to announce the closing of the previously announced $5,000,000 loan facility with Sprott Private Resource Streaming & Royalty Corp . As noted in the Company's news release of November 18, 2022, the Facility is secured by the security package currently in place between the parties, bears interest at a rate of 10.5% per annum, and will mature at the earlier of the advance of the [...]
HIGHLIGHTS Abatement of maintenance shop complete, demolition to prepare for new mill building underway Commitment made to new Bunker Hill pre-engineered mill building design and vendor Underground decline advances to within 300 feet of breakthrough to 6-Level Preparation for Wardner Power upgrade advanced with pole locations surveyed, cable corridor cleared, transformers set and air switch and electrical ancillaries [...]
Bunker Hill Mining Corp. is pleased to announce that it has filed a preliminary short form prospectus with the securities commissions in each of the provinces of Canada, other than Quebec , in connection with a commercially reasonable "best efforts" marketed public offering of common stock of the Company for minimum aggregate gross proceeds of C$7,000,000 and maximum aggregate gross proceeds of C$12,000,000 . Concurrently [...]
Bunker Hill Mining Corp. is pleased to announce a new loan facility from Sprott Private Resource Streaming & Royalty Corp. , and provide an update regarding ongoing efforts to fully finance the Bunker Hill mine restart including securing the advance of the $37,000,000 multi-metals stream from Sprott Streaming, and up to $15,000,000 of concentrate offtake financing. NEW $5,000,000 The Company is pleased to announce that it [...]