debt
confidence high
sentiment neutral
materiality 0.50
Bunker Hill increases Teck promissory note to $4.4M at 12% interest for liquidity
Bunker Hill Mining Corp.
- Promissory note from Teck Resources increased to $4.4M max principal from $3.4M.
- Note bears 12% interest, capitalized monthly; payable on demand in cash.
- Funds to ensure liquidity until brokered and non-brokered private placements close.
- No bonus securities or conversion rights issued to Teck.
- Note available in multiple advances at Teck's discretion.
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