secwatch.observer — SEC 8-K summary
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Issuer:     Bunker Hill Mining Corp. (BHLL)
CIK:        0001407583
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001493152-24-032162
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 3.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bunker Hill closes first tranche of silver loan for $16.4M, extends Sprott debt maturities
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- First tranche of silver loan closed for US$16,422,039 (609,805 oz silver); total facility up to 1.2M oz silver.
- Loan bears 15% interest payable quarterly in cash or silver; term 3 years; secured by all assets.
- 1,280,591 warrants issued to Monetary Metals at C$0.16 exercise price, exercisable until Aug 8, 2027.
- Sprott convertible debentures extended: Series 1 to Mar 2028, Series 2 to Mar 2029; loan extended to Jun 2030 with interest rising to 15% after Jun 2027.
- Royalty put option termination date extended to later of debenture repayment or Mar 31, 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407583/000149315224032162/0001493152-24-032162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407583/000149315224032162/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-032162

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