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"


Plato Gold Corp. Announces Sale of Timmins-Area Properties to Mayfair Gold Corp.

Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) (Frankfurt: 4Y7) (W... READ MORE

April 2, 2026

Yukon Metals Intersects 11.7 g/t Gold Within Extensive Vein System in First Drill Program and Expands Land Package at Star River Property

Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTCQB: YMMCF) is pleased to r... READ MORE

April 2, 2026

NevGold Announces Up to 99% Gold Recovery From Phase II Metallurgical Testwork on Oxide Antimony-Gold; Identifies More Antimony Mineralization At Surface In Historical Gold Waste Dump

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

April 2, 2026

Cerrado Gold Announces Q4 and Annual 2025 Financial Results

Annual Production for 2025 of 50,238 Gold Equivalent Ounces; and ... READ MORE

April 2, 2026

Wheaton Precious Metals Announces Acquisition of a Gold and Silver Stream on the Jervois Project Through a Partnership with KGL Resources

Wheaton Precious Metals™ Corp. is pleased to announce that its ... READ MORE

April 2, 2026

Copyright 2026 The Prospector News