Bunker Hill Mining Corp. receives the final tranche of US$6 million from Sprott Streaming under a senior secured credit facility, bringing the total advanced to US$21 million. This funding will support the development costs of the Company's Bunker Hill Mine in Idaho, which is projected to commence commercial operations in the second half of 2025. The company also advances its application for US EXIM Bank financing to expand production and strengthen its balance sheet.
Monday, February 3, 2025 5:43 PM PST) announces it has received the final tranche, in the amount of US$6 million under the senior secured credit facility , pursuant to which Sprott Streaming has already advanced US$15 million and has agreed to advance up to an aggregate of US$21 million under the Standby Facility, to fund development costs of the Company’s Bunker Hill Mine located in Kellogg, Idaho subject to the satisfaction of certain conditions.
Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations .
including as to whether or when the Company will achieve its project finance initiatives, or as to the actual size or terms of those financing initiatives, or whether and when the Company will achieve its operational and construction targets.
Mining BUNKER HILL MINE FINANCING SPROTT STREAMING CRITICAL MINERALS US EXIM BANK
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