other_material
confidence high
sentiment neutral
materiality 0.75
Bunker Hill Mining closes C$33.75M LIFE offering and completes 1:35 reverse stock split
Bunker Hill Mining Corp.
- Closed brokered and non-brokered LIFE offering of 159.7M units at C$0.18/unit; total gross proceeds ~C$33.75M including warrant exercise.
- Each unit consists of one common share and one-half warrant; whole warrant exercisable at C$0.30 for 36 months.
- Net proceeds to fund Bunker Hill Mine ramp-up to commercial production, exploration, and working capital.
- Completed 1-for-35 reverse stock split; shares outstanding reduced from ~1.6B pre-split to ~45.6M post-split.
- Insider participation of 300,000 units; agents received cash fees of ~C$1.58M and 8.78M compensation options.
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