Bunker Hill secures $10M prepayment facility from Ocean Partners, draws $1M on Teck

Bunker Hill Mining Corp.

Prepayment facility up to US$10M with Ocean Partners UK Ltd; interest at 7% + 3M SOFR, maturity 6 months after first draw.
Repayment: 20% in months 4 and 5, 60% in month 6 after 3-month grace period; proceeds for working capital at Bunker Hill Mine.
Additional US$1M drawn on Teck standby facility, raising total outstanding to US$6M; Teck bears 13.5% interest and is repayable on demand.
Facility requires public announcement of merger or acquisition agreement with Silver47 Exploration Corp. before first draw.

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