debt
confidence high
sentiment positive
materiality 0.90
Bunker Hill Mining closes Bunker Hill Mine purchase and $14M in debenture financings with Sprott
Bunker Hill Mining Corp.
- On January 7, 2022, Bunker Hill Mining closed the purchase of the Bunker Hill Mine from Placer Mining Corp.
- Closed an $8 million Royalty Convertible Debenture with Sprott Private Resource Streaming & Royalty Corp.
- Closed a $6 million Convertible Debenture (increased from $5 million) with Sprott, maturing July 7, 2023 at 7.5% interest.
- Funds used for mine development, a $2 million EPA payment, and near-term working capital.