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Bunker Hill Mining ( (TSE:BNKR) ) has provided an update.
On March 24, 2025, Bunker Hill Mining Corp. announced an amendment to its subscription agreement with Teck Resources, reducing the required gross proceeds from a brokered offering to $10 million. Additionally, Teck provided a $3.4 million unsecured promissory note to support short-term funding. The company also revealed enhancements to its capital restructuring and equity financing initiatives, including a significant debt conversion agreement with Sprott Streaming and a potential $150 million finance package from the US Export-Import Bank. These developments aim to strengthen Bunker Hill’s financial position and support the commissioning of its mine in late 2025.
More about Bunker Hill Mining
Bunker Hill Mining Corp. operates in the mining industry, focusing on the extraction of zinc, silver, and lead. The company is engaged in the development of the Bunker Hill Mine located in the Silver Valley, Idaho, with plans to commence production in 2025.
YTD Price Performance: -1.79%
Average Trading Volume: 512,844
Technical Sentiment Signal: Buy
Current Market Cap: $38.93M
Find detailed analytics on BNKR stock on TipRanks’ Stock Analysis page.