---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-001495"
form_type: "8-K"
ticker: "BHLL"
cik: "0001407583"
company_name: "Bunker Hill Mining Corp."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:38:55.213554+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bunker Hill Mining enhances capital restructuring with Teck lead, Sprott debt conversion

## Summary
- Brokered offering targets US$10-15M; order book closes March 27; Teck to match 2:1 via non-brokered offering.
- Teck provides US$3.4M unsecured promissory note at 12% interest, payable on demand.
- Sprott Streaming converts additional US$6M debt to equity, total US$21M debt-to-equity conversion.
- US EXIM $150M finance package for Bunker 2.0 expansion accelerated per presidential order.
- Warrant term increased from 12 to 36 months; Monetary Metals loan interest reduced to 13.5%.

## SEC filing metadata
- accession: 0001641172-25-001495
- form_type: 8-K
- ticker: BHLL
- cik: 0001407583
- company_name: Bunker Hill Mining Corp.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1407583/000164117225001495/0001641172-25-001495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1407583/000164117225001495/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-001495
- JSON: https://secwatch.observer/filing/0001641172-25-001495.json
- Plain text: https://secwatch.observer/filing/0001641172-25-001495.txt

## Key facts
- Debt Financings
  Bunker Hill Mining Corp. incurred loan of up to $3,400,000 with Teck Resources Limited at 12% per annum, with such interest being capitalized and added to the principal a maturing payable on demand from Teck.
  - Instrument: loan
  - Principal: up to $3,400,000
  - Counterparty: Teck Resources Limited
  - Rate: 12% per annum, with such interest being capitalized and added to the principal a
  - Maturity: payable on demand from Teck
  - Event: incurrence
  source text: On March 21, 2025, the Company issued to Teck an unsecured demand promissory note for an aggregate principal amount of up to $3,400,000 (the “ Note ”) in exchange for Teck’s agreement thereunder to provide short-term funding to the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1407583/000164117225001495/0001641172-25-001495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.