Core Points - Bunker Hill Mining Corp. has entered into an agreement for a bought deal private placement to raise C$45,000,000 by issuing 375,000,000 units at C$0.12 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of a share at C$0.17 for 60 months [2] - The offering is expected to close on September 29, 2025, subject to regulatory approvals [7] Financial Details - A cornerstone investor is expected to subscribe for approximately US$19,600,000, while another is expected to subscribe for US$5,000,000 [4] - The net proceeds will be used for advancing the construction of the Bunker Hill Mine and for general corporate purposes [5] - The underwriters will receive a cash commission of 6.0% of the gross proceeds and non-transferable compensation options equal to 6.0% of the units sold [8] Regulatory and Compliance - The offering is being made to eligible purchasers in Canada and other mutually agreed jurisdictions, subject to compliance with regulatory requirements [6] - The securities will be subject to a statutory hold period of four months and one day in Canada [10]
Bunker Hill Announces C$45 Million “Bought Deal” Private Placement of Units
Globenewswire·2025-09-05 11:04