Bunker Hill Mining Corp. (BHLL) drew US$2.0 million on October 9, 2026, under its Ocean Partners concentrate prepayment facility. It was the third draw, bringing aggregate outstanding principal to US$10.0 million. The facility, under an agreement dated August 20, 2026, provides up to US$10.0 million. The company intends to use the draw proceeds for working capital at the Bunker Hill Mine in Idaho.
Amounts outstanding bear interest at 7.0% per annum plus the three-month secured overnight financing rate. During an event of default, the applicable rate increases by an additional 3.0% per annum. Interest accrues daily and is payable monthly in arrears.
Bunker Hill Mining Corp. may offer up to $300,000,000 aggregate initial offering price of common stock, warrants, subscription receipts or units through this shelf prospectus. Specific amounts and terms will be set in a prospectus supplement, which must accompany any sale; securities may be sold through underwriters, dealers, agents or directly to purchasers.
As of October 5, 2026, 47,207,589 common shares were outstanding. The last reported Toronto Stock Exchange sale price was C$3.56 per share and the OTCQB closing price was $2.51 per share on that date. The company has an agreement to acquire all issued and outstanding Silver47 shares, subject to approval by the Supreme Court of British Columbia and the stockholders of Bunker Hill and Silver47. Silver47 shareholders would receive 0.1724 Bunker Hill shares per Silver47 share; post-closing ownership is anticipated to be approximately 57% for current Bunker Hill stockholders and 43% for Silver47 shareholders.
Unless a prospectus supplement states otherwise, net proceeds may fund mineral-property development, acquisitions, working capital, debt repayment or general corporate purposes. The company reports US$8.0 million outstanding under each of the Ocean Partners concentrate prepayment facility, after draws on September 1 and September 16, 2026, and the Teck standby facility, after an August 28, 2026 draw.
Bunker Hill Mining Corp. (BHLL) amended its report concerning the Arrangement Agreement dated August 20, 2026, with Silver47 Exploration Corp., replacing the previously filed agreement with a corrected copy. The correction changes the stated exchange ratio from 0.1754 to 0.1724 of a Bunker Hill share for each Silver47 share. It also clarifies that the agreement’s termination fees and expense reimbursements are denominated in Canadian dollars (C$); other corrections address typographical errors in section numbering.
Bunker Hill Mining Corp. (BHLL) began mailing stockholders a notice of meeting and proxy statement on September 29, 2026, for a special meeting concerning its proposed business combination with Silver47 Exploration Corp. The companies entered into the arrangement agreement on August 20, 2026, with the transaction structured as a statutory plan of arrangement. The proxy materials are furnished under Regulation FD and are not deemed filed for purposes of Section 18 of the Securities Exchange Act.
Bunker Hill Mining Corp. (BHLL) has filed an amended shelf registration statement allowing it to offer up to $300,000,000 of common stock, warrants, subscription receipts and units from time to time, with specific terms to be set in future prospectus supplements. The company’s shares trade on the TSX under “BNKR” and OTCQB under “BHLL”. Net proceeds are expected to fund development of existing or acquired mineral properties, working capital, debt repayment and general corporate purposes. Recent developments include an Arrangement Agreement to acquire Silver47 Exploration Corp. in an all‑stock deal, multiple equity financings, debt restructurings with Sprott Streaming and Teck, a 1‑for‑35 reverse stock split effective March 6, 2026, and new prepayment facilities totaling up to $10 million with Ocean Partners and additional draws on a Teck standby facility to support the restart of the Bunker Hill Mine.
Bunker Hill Mining Corp. (symbol: BHLL) is the issuer of record for a Form 8-K filing submitted to the SEC.
Bunker Hill Mining Corp. (BHLL) drew an additional US$4.0 million on September 16, 2026 under its concentrate prepayment facility with Ocean Partners UK Limited, increasing total borrowings under this US$10.0 million Ocean Partners Facility to US$8.0 million.
The new funds will be used for working capital at the Bunker Hill Mine in Idaho. Amounts outstanding under the facility bear interest at 7.0% per annum plus the three-month secured overnight financing rate, with interest accruing daily and payable monthly in arrears. During an event of default, the interest rate increases by an additional 3.0% per annum. Interest may be paid either in cash or by setoff against payments owed on concentrates.
Bunker Hill Mining Corp. (BHLL) has increased its available liquidity by drawing an additional US$2.0 million on August 28, 2026 under its uncommitted Teck standby prepayment facility and US$4.0 million on September 1, 2026 under its concentrate prepayment facility with Ocean Partners UK Limited. The Teck facility now has US$8.0 million outstanding out of an aggregate maximum of US$10.0 million, bears interest at 13.5% per year to June 30, 2027 and 15.0% thereafter, and is repayable on demand with first-ranking security over substantially all obligor assets. The Ocean Partners facility provides up to US$10.0 million, with the first US$4.0 million draw bearing interest at 7.0% per year plus three‑month SOFR. Proceeds support working capital and the ramp‑up of the Bunker Hill Mine toward expected full commercial production by the end of 2026.
Separately, new underground drilling at the Cate‑8 zone returned high silver‑equivalent grades, including intervals up to 24.43 oz/ton AgEq, and an updated Cate‑8 Target Model at a 50 g/t AgEq cutoff shows 522,178 tons at 183.20 g/t AgEq, or 2,790,141 silver‑equivalent ounces, with the company noting a 55% tonnage increase and 34% AgEq ounce increase versus prior conceptual estimates.
Bunker Hill Mining Corp. (BHLL) entered into a new concentrate prepayment facility of up to US$10.0 million with Ocean Partners UK Limited, available in minimum US$1.0 million draws over a three‑month availability period after the first draw. Amounts outstanding bear interest at 7.0% per annum plus three‑month SOFR, with interest payable monthly and an additional 3.0% during events of default. The facility matures the earlier of six full calendar months after the first draw or termination, with scheduled principal repayments of 20% in each of the fourth and fifth months and 60% in the sixth month. Repayment can be made in cash or via delivery of concentrates under an assigned offtake agreement, and voluntary prepayment is permitted without penalty. The company intends to use proceeds for working capital at the Bunker Hill Mine in Idaho. Separately, BHLL drew an additional US$1.0 million under its existing Teck Metals standby prepayment facility, bringing total outstanding on that facility to US$6.0 million at interest rates of 13.5%–15.0% per annum, secured by a first‑ranking security interest over substantially all obligor assets.