secwatch.observer — SEC 8-K summary
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Issuer:     Bunker Hill Mining Corp. (BHLL)
CIK:        0001407583
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001493152-24-050531
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bunker Hill mine restart cost rises to $103M, delayed to Q2 2025
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- Total restart expenditure (excl. working capital) now $103M, up from prior $67M and $56M (2022 PFS).
- Project restart delayed by up to 4 months, now anticipated in Q2 2025.
- Cost increase of ~$50M driven by inflation, filter press scope change, and contractor walk-out.
- Plans to draw $5M first tranche from $21M Sprott standby facility; negotiating $30M offtake financing.
- Pursuing $150M US EXIM facility by end of 2025 to refinance debt and expand capacity to 2,500 tpd.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407583/000149315224050531/0001493152-24-050531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407583/000149315224050531/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050531

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