Bunker Hill Mining Corp. announced on June 27, 2025, its election to issue 15,378,473 common shares to fully satisfy interest payments due on June 30, 2025, under various debt instruments. The total interest payment amounts to US$1,230,277.77.
This includes 1,291,667 shares for Series 1 debentures (US$103,333.33 interest), 4,260,417 shares for Series 2 debentures (US$340,833.33 interest), and 9,826,389 shares for a 10% loan facility (US$786,111.11 interest). The shares are issued at USD$0.08 per share, based on 90% of the 10-day volume-weighted average trading price ending June 26, 2025.
A significant portion, 15,163,195 Interest Shares, will be issued to Sprott Private Resource Streaming and Royalty Corp. This strategy allows Bunker Hill to preserve cash for the ongoing restart and development of the Bunker Hill Mine, subject to regulatory approvals.
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