Bunker Hill Stock Price, News & Analysis

Bunker Hill Mining (OTCQB: BHLL) has announced significant enhancements to its capital restructuring and equity financing initiatives. Teck Resources will provide a lead commitment of US$10 million through a lead order and promissory note, matching additional funds on a two-to-one basis.

The company is targeting US$10-15 million in a brokered private placement led by BMO Capital Markets, CIBC Capital Markets, and Red Cloud Securities. Sprott Streaming has agreed to convert an additional US$6 million of outstanding debt into equity, bringing total debt conversion to US$27 million.

Key developments include:

• Warrant terms extended from 12 months to three years
• Short-term bridge financing through a US$3.4 million promissory note from Teck
• Potential acceleration of US$150 million US EXIM finance package for expansion
• Project remains on track for commissioning in H2 2025, with 1,800 tons per day production expected in H1 2026

Bunker Hill Mining Corp. (BHLL) has announced a major capital restructuring plan involving up to US$60 million in equity financing and debt restructuring with key partners Teck Resources, Sprott Streaming, and Monetary Metals.

The deal includes a US$40 million non-brokered private placement with Teck and a US$20 million brokered offering at US$0.105 per Unit. Each Unit consists of one common share and half a warrant. Additionally, a US$10 million standby facility will be provided to reduce risk during the first three years of operation.

The restructuring aims to ensure the Bunker Hill Mine remains on track for commissioning in H2 2025 and full nameplate production in H1 2026. The project is currently 65% complete. The deal strengthens the company's balance sheet by converting outstanding debt to equity and modifying existing royalty and stream financing arrangements.

Bunker Hill Mining (OTCQX:BHLL) has amended its royalty agreement with Sprott Private Resource Streaming & Royalty Corp. The amendment extends the existing gross revenue royalty to include additional surface and mineral parcels within the boundaries of the Bunker Hill Mine in Idaho. These Additional Claims cover an immaterial portion of the total land package and were identified during the company's annual review to ensure comprehensive coverage.

The First Amendment constitutes a related party transaction but is exempt from formal valuation and minority shareholder approval requirements under MI 61-101. The amendment's completion remains subject to TSX Venture Exchange approval.

Bunker Hill Mining (OTCQB: BHLL) has received the final US$6 million tranche from Sprott Private Resource Streaming and Royalty Corp's Standby Facility, completing the total US$21 million funding commitment. The company announces that commercial operations at the Bunker Hill Mine in Kellogg, Idaho are likely to be delayed until H2 2025.

The company is advancing its US EXIM Bank financing application, following a letter of intent from October 2024 for US$150 million in debt finance. The formal application will be presented in March 2025, with funds intended for production optimization, mine life extension, and debt refinancing.

An updated mineral estimate is expected in Q1 2025, with a full report scheduled for April 2025. The development aligns with the recent "Unleashing American Energy" Executive Order, which emphasizes critical minerals development and domestic energy resources.

Bunker Hill Mining (TSX-V: BNKR, OTCQB: BHLL) has received the third tranche of US$5 million from its senior secured credit facility with Sprott Private Resource Streaming and Royalty Corp. This follows previous advances totaling US$10 million, as part of an aggregate facility of up to US$21 million. The funding is designated for development costs at the Bunker Hill Mine in Kellogg, Idaho.

The company continues discussions with strategic financing partners and engages with the incoming administration while advancing its mine restart project. The funding aims to support job creation in American mining and enhance industrial security.

Bunker Hill Mining has provided an update on its operations and corporate activities. Key highlights include the achievement of a safety milestone with no injuries in 2024 and ongoing development of the processing plant, which will have a capacity of 1,800 tons per day, potentially expandable to 2,500 tons per day by 2026.

Significant progress has been made in underground infrastructure, including the completion of a new ramp and installation of a modern ventilation system. The company aims to restart operations in Q2 2025, creating 250 new jobs in Shoshone County, Idaho.

The mine's restart represents a major economic and environmental milestone, marking the first mining operation resumption within a Superfund Site since 1980. The company is also set to issue a new mineral estimate report in Q1 2025, with a full report expected in April 2025.

Bunker Hill has optimized its environmental bonding commitments, rearranging costs related to a $14 million obligation to the US EPA, expected to return approximately C$0.6 million to support the mine restart.

Additionally, the company will issue 621,500 shares to satisfy a US$60,000 financing cooperation fee, preserving cash for ongoing development. This transaction is subject to regulatory approvals.

Bunker Hill Mining (OTCQB:BHLL) has closed the fifth tranche of its silver loan facility with Monetary Metals Bond III , securing US$1,478,847 (equivalent to 50,198 ounces of silver). This follows previous tranches totaling approximately US$30.36 million, representing over 1 million ounces of silver equivalent.

The company will issue 100,397 non-transferable bonus share purchase warrants to Monetary Metals, exercisable at C$0.15 until August 8, 2027. Project development continues with procurement at 98% completion, and operations remain on track for an H1 2025 restart. Current progress includes refurbishment of underground access ramps and installation of processing plant infrastructure.

Bunker Hill Mining (TSXV:BNKR | OTCQB:BHLL) has updated its December 20 announcement regarding the issuance of up to 8,446,194 common shares. This includes up to 7,392,859 shares at USD$0.07 per share to satisfy debenture interest payments totaling USD$517,500, and up to 1,053,335 shares to a service provider for financing cooperation fees. Sprott Private Resource Streaming and Royalty Corp will receive up to 7,119,049 shares instead of the previously announced 7,392,859 shares. The company is issuing shares instead of cash to preserve capital for potential restart and development of the Bunker Hill Mine. All share issuances are subject to regulatory approval and will have a four-month hold period.

Bunker Hill Mining (OTCQB:BHLL) has announced its decision to issue 7,392,859 shares of common stock to satisfy interest payments worth USD$517,500 on its convertible debentures due December 31, 2024. The Interest Shares will be issued at USD$0.07 per share, based on 90% of the 10-day volume weighted average trading price. Additionally, the company will issue 509,480 shares at C$0.16 per share and 543,855 shares at C$0.15 per share to satisfy financing cooperation fees totaling USD$120,000 for Q2 and Q3 2024. These share issuances are subject to regulatory approvals and will have a four-month hold period.