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"


Fireweed Intersects Mineralization in a 300 m Step-Out at Tom South and Provides Macpass Regional Update

Fireweed Metals Corp. (TSX-V: FWZ) (OTCQX: FWEDF) is pleased to r... READ MORE

January 15, 2026

BOREALIS ANNOUNCES CLOSING OF C$23 MILLION BOUGHT DEAL OFFERING, INCLUDING FULL EXERCISE OF THE UNDERWRITERS' OPTION

Borealis Mining Company Limited (TSX-V:BOGO) (OTC Pink: BORMF) (F... READ MORE

January 15, 2026

Tectonic Metals Drilling Transforms Alpha Bowl from Discovery to Emerging Large-Scale Resource Growth Opportunity: 820 m × 600 m × 400 m Gold Footprint Defined

Alpha Bowl Drilling Now Connects to Chicken Mountain, Establishin... READ MORE

January 15, 2026

Minera Alamos Reports Fourth Quarter Gold Production Of 9,165 Ounces From The Pan Operating Complex; Cash Balance Increased To US$34 Million

HIGHLIGHTS Fourth quarter 2025 gold production from the Pan Opera... READ MORE

January 15, 2026

TRX Gold Reports First Quarter 2026 Results

Record Production and Strong Financial Performance Continue into ... READ MORE

January 15, 2026

Copyright 2026 The Prospector News