Bunker Hill Mining Corp. announced on April 3, 2025, its election to issue up to 187,500 common shares to satisfy interest payments due on March 31, 2025. These shares are being issued to certain holders of 7.5% Series 1 convertible debentures, covering an aggregate interest amount of US$18,750.
The Interest Shares are valued at a deemed price of US$0.10 per share, based on 90% of the 10-day volume-weighted average trading price on the TSX Venture Exchange for the period ending March 21, 2025.
This decision allows the company to preserve its cash reserves, which are essential for the ongoing restart and development of the Bunker Hill Mine. The issuance remains subject to all necessary regulatory and stock exchange approvals.
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