Core Viewpoint - Bunker Hill Mining Corp. has revised the terms of its private placement financing, aiming to raise a total of approximately C$18 million and US$19.6 million through Canadian and U.S. dollar-denominated units respectively [1][3]. Financing Details - The financing consists of two tranches: 150,000,000 units priced at C$0.12 for gross proceeds of C$18,000,000 (CAD Offering) and 225,000,000 units priced at US$0.08711 for gross proceeds of US$19,599,750 (USD Offering) [1][8]. - The offering is led by Haywood Securities Inc. as the lead underwriter, along with BMO Capital Markets as part of the underwriting syndicate [2]. Closing and Conditions - The offering is expected to close on September 29, 2025, subject to certain closing conditions, including necessary approvals from the TSX Venture Exchange [4]. Underwriter Compensation - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds, with a reduced fee of 3.0% for certain purchasers on the President's List. Additionally, non-transferable compensation options will be issued [5]. Regulatory Compliance - The units will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without proper registration or exemption [6][7]. Company Overview - Bunker Hill Mining Corp. focuses on revitalizing its historic mining asset in northern Idaho, specifically targeting zinc, lead, and silver deposits [9].
Bunker Hill Updates Previously Announced C$45 Million “Bought Deal” Private Placement of Units to Provide for Canadian Dollar and U.S. Dollar Denominated Tranches
Globenewswire·2025-09-15 10:45