Bunker Hill Announces Final Tranche of Silver Loan Facility

Core Viewpoint - Bunker Hill Mining Corp. has successfully closed the seventh and final tranche of a silver loan amounting to approximately US$4.76 million, which is equivalent to 50,958 ounces of silver, as part of a larger financing initiative to support the restart and development of the Bunker Hill Mine [1][2]. Financing Details - The total silver loan agreement allows for up to 1.2 million ounces of silver to be advanced in multiple tranches, with the first tranche closed on August 8, 2024, for US$16.42 million (609,805 ounces of silver) [3]. - Subsequent tranches included US$6.37 million (200,000 ounces) on September 24, 2024, US$6.32 million (198,777 ounces) on November 6, 2024, US$1.25 million (39,620 ounces) on November 13, 2024, US$1.48 million (50,198 ounces) on December 31, 2024, and US$2.52 million (50,384 ounces) on November 10, 2025 [3][4]. Warrants Issued - A total of 3,000,000 non-transferable bonus share purchase warrants have been issued to Monetary Metals in connection with the silver loan, with no warrants issued for the final tranche [4]. Company Overview - Bunker Hill Mining Corp. is focused on the restart of the historic Bunker Hill Mine, located in Idaho's Coeur d'Alene Mining District, which has a rich history of zinc, lead, and silver production [6]. - The company aims to unlock the remaining value of this asset through modern exploration and responsible mining practices, positioning itself to maximize shareholder value [6].