Bunker Hill Mining (TSE:BNKR) has released an update.
Bunker Hill Mining Corp. has opted to issue over 4.65 million shares to satisfy interest payments due on its convertible debentures. These shares are being issued at a discounted rate based on recent average trading prices and will be held for a four-month period as per Canadian securities laws. A significant portion of these shares will be acquired by Sprott Private Resource Streaming and Royalty Corp., in a transaction considered related party due to Sprott’s managed accounts.
For further insights into TSE:BNKR stock, check out TipRanks’ Stock Analysis page.
