secwatch.observer — SEC 8-K summary
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Issuer:     Bunker Hill Mining Corp. (BHLL)
CIK:        0001407583
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001493152-22-000142
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bunker Hill signs $50M Sprott project finance, buys mine, amends EPA settlement
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- $50M non-binding term sheet with Sprott: $8M royalty convertible debenture (9%), $5M convertible debenture (7.5%, CAD0.30), $37M stream for up to 10% of metals.
- Mine purchase from Placer Mining for $5.4M cash, closing expected January 2022.
- EPA settlement amendment defers $17M of $19M liability to 2024-2029; $2M payment due Jan 2022, $2.9M water treatment costs due within 90 days.
- Filed updated technical report confirming 59% M&I resource increase to 1.1B zinc-equivalent lbs.
- Construction decision expected early Q2 2022, with commercial production targeted mid-2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407583/000149315222000142/0001493152-22-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407583/000149315222000142/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-000142

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