other_material
confidence high
sentiment neutral
materiality 0.65
Bunker Hill announces C$30M brokered LIFE offering and 1:35 reverse stock split
Bunker Hill Mining Corp.
- Brokered best-efforts LIFE offering of ~138.9M units at C$0.18/unit for gross proceeds of C$25M; cornerstone warrant exercise for additional C$5M.
- Each unit consists of one common share and one-half warrant (full warrant exercisable at C$0.30 for 36 months).
- Reverse stock split at 1:35 ratio, reducing shares from ~1.4B to ~40M; effective March 5, 2026, subject to TSXV and stockholder approval.
- Proceeds to fund Bunker Hill mine ramp-up to commercial production and for working capital.
- Split intended to increase share price for possible NYSE American listing; company also seeks stockholder written consent.
item 8.01item 9.01