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Bunker Hill Mining ( (TSE:BNKR) ) has issued an update.
Bunker Hill Mining Corp. has successfully closed a $31 million combined equity financing and debt settlement, marking a significant capital restructuring for the company. The financing includes contributions from major partners such as Teck Resources Limited and Sprott Streaming, and aims to support the construction and restart of the Bunker Hill Mine project, which is now 67% complete. This transaction is expected to strengthen the company’s balance sheet and advance its operational goals, benefiting stakeholders and facilitating the mine’s production phase by the first half of 2026.
More about Bunker Hill Mining
Bunker Hill Mining Corp. operates in the mining industry, focusing on the extraction and production of zinc, silver, and lead. The company is working on the Bunker Hill Mine project located in the Silver Valley, Idaho, with a market focus on bringing this asset into production.
Average Trading Volume: 373,575
Technical Sentiment Signal: Sell
Current Market Cap: C$46.75M
Learn more about BNKR stock on TipRanks’ Stock Analysis page.