On June 5, 2025, Bunker Hill Mining Corp. announced the closing of its $31 million combined equity financings and capital restructuring, which included significant participation from Sprott Private Resource Streaming and Royalty Corp. (Sprott Streaming). Sprott Streaming acquired 10,000,000 units in a brokered private placement.
As part of the restructuring, Sprott Streaming was issued an aggregate of 259,802,380 Common Shares, 5,000,000 Warrants, and convertible debentures convertible into up to 38,320,000 Common Shares. This resulted in Sprott Streaming owning or exercising control over approximately 29.6% of Bunker Hill's issued and outstanding Common Shares, making it a 'Control Person' of the company.
An investor rights agreement was also established, granting Sprott Streaming the right to appoint one nominee to Bunker Hill's board of directors. This strategic partnership solidifies Sprott's influence and investment in the zinc, lead, and silver deposit in Idaho, aligning with its focus on critical materials.
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