The Prospector News

Bunker Hill Announces Closing of $5,000,000 Loan Facility

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Bunker Hill Announces Closing of $5,000,000 Loan Facility

 

 

 

 

 

Bunker Hill Mining Corp. (CSE: BNKR) (OTCQB: BHLL) 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 (i) the advance of the multi-metals Stream, or (ii) June 30, 2024. A minimum of 6 months interest will apply. In addition, the minimum quantity of metal delivered under the Stream, if advanced, will increase by 5% relative to amounts previously announced. The use of proceeds will be primarily for outstanding water treatment charges to the Environmental Protection Agency, monthly water treatment payments to the Idaho Department of Environmental Quality, project costs and working capital.

 

ABOUT BUNKER HILL MINING CORP.

 

Under new Idaho-based leadership the Bunker Hill Mining Corp, intends to sustainably restart and develop the Bunker Hill Mine as the first step in consolidating a portfolio of North American mining assets with a focus on silver. Information about the Company is available on its website, www.bunkerhillmining.com, or within the SEDAR and EDGAR databases.

 

Posted December 6, 2022

Share this news article

MORE or "UNCATEGORIZED"


Contango Announces Results for the Quarter Ended March 31, 2026

Contango Silver and Gold Inc. (NYSE-A:CTGO) (TSX: CTGO) announced... READ MORE

May 14, 2026

NevGold Intercepts Consistent Oxide Antimony-Gold Mineralization in All Drillholes From Historic Crushed Leach Pad Including 0.32% Antimony And 0.39 g/t Au Over 14.9 Meters

NevGold Corp. (TSX-V:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleas... READ MORE

May 14, 2026

Guanajuato Silver Accelerates Gold Loan Repayment

Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) is plea... READ MORE

May 14, 2026

Aya Gold & Silver Reports Q1-2026 Results with Record Revenue and Cash Flow

Aya Gold & Silver Inc. (TSX: AYA) (NASDAQ: AYA) announced its... READ MORE

May 14, 2026

Sun Summit Acquires 51% Ownership Share in the New Orbit Project, Toodoggone Mining District, B.C.

Sun Summit Minerals Corp. (TSX-V: SMN) (OTCQB: SMREF) is pleased to anno... READ MORE

May 14, 2026

Copyright 2026 The Prospector News