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An update from Bunker Hill Mining ( (TSE:BNKR) ) is now available.
On May 21, 2025, Bunker Hill Mining Corp. and Teck Resources Limited amended a promissory note to increase its maximum principal amount from $3.4 million to $4.4 million. This amendment ensures Bunker Hill has sufficient short-term funding as it progresses towards closing private placements and undergoing major capital restructuring. The note, bearing a 12% annual interest rate, is available for multiple advances at Teck’s discretion and is payable on demand. This financial maneuver is crucial for Bunker Hill as it seeks to stabilize its operations and secure necessary funding for its ongoing projects, potentially impacting its market positioning and stakeholder interests.
More about Bunker Hill Mining
Bunker Hill Mining Corp. is an American mineral exploration and development company focused on revitalizing a historic zinc, lead, and silver deposit in northern Idaho’s Coeur d’Alene mining district. The company aims to leverage modern exploration techniques and sustainable practices to maximize shareholder value by concentrating efforts on this high-potential asset.
Average Trading Volume: 196,226
Technical Sentiment Signal: Sell
Current Market Cap: C$48.55M
For a thorough assessment of BNKR stock, go to TipRanks’ Stock Analysis page.