Bunker Hill Mining Corp. has closed the final tranche of a silver loan with Monetary Metals Bond III LLC, totaling US$4,763,110.38 or 50,958 ounces of silver. This innovative financing supports the restart of the Bunker Hill Mine and demonstrates the company’s ability to execute complex funding solutions. With all seven tranches of the silver loan drawn, Bunker Hill remains focused on advancing the project while managing capital effectively. The company has issued non-transferable bonus share purchase warrants to MM in connection with these transactions. The securities involved have not been registered under the U.S. Securities Act of 1933.
Bunker Hill Mining Corp., a U.S.-based mineral exploration company, is working to restart the historic Bunker Hill Mine in Idaho’s Coeur d’Alene Mining District. By leveraging modern exploration techniques and responsible mining practices, the company aims to unlock the remaining value of this zinc, lead, and silver asset. With a strategic focus on Bunker Hill, the company seeks to maximize shareholder value while revitalizing a key asset in a prominent mining district. For more information, visit the company’s website or view filings on SEDAR+ and EDGAR.
Read more at GlobeNewswire: Bunker Hill Announces Final Tranche of Silver Loan
