202634 releases
Bunker Hill Shareholders Vote to Approve Business Combination With Silver47 Exploration Corp, As Company Completes Drawdowns of Ocean Partners and Teck Facilities Supporting Ramp-up to Commercial Production by End Q4 2026
Bunker Hill Mining stockholders approved all matters at a special meeting in Kellogg, Idaho, including the charter amendment and share issuance for the proposed business combination with Silver47 Exploration Corp., with the Charter Amendment Proposal receiving 94.69% and the Share Issuance Proposal 95.07% of votes cast. The company also completed drawdowns of US$20,000,000 from the Ocean Partners and Teck facilities, with closing of the Transaction anticipated on or about November 5, 2026.
AcquisitionBunker Hill Starts Surface Drilling at its Recently Acquired Page Property Intersecting 15' of Near Surface Continuous Sulfide Mineralisation with First Hole
A 3,200ft (975m), 10-hole surface drilling program has begun at the recently acquired Page property in Idaho's Silver Valley, three miles from Bunker Hill's processing plant, with the first hole showing, on visual assessment, 15ft of continuous Galena-Siderite and Sphalerite mineralization at roughly 200ft depth; the program is expected to take six weeks. A 14,300ft, 39-hole underground campaign at the Cate-8 Vein is complete, with an updated resource statement and 2027 production guidance expected by end of Q4 2026. Commercial production, now redefined to require 65% of 1,800 tpd nameplate throughput plus 70% zinc/lead/silver recovery over 60 days, remains targeted for end-2026.
Drill resultsBunker Hill Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
Bunker Hill Mining will issue 100,499 common shares at US$2.67 (approximately C$3.79) each to settle interest owing as of September 30, 2026 on its 5.0% Series 1 and Series 2 secured convertible debentures, covering US$76,666.67 and US$191,666.67 respectively. The debentures mature March 31, 2028 and March 31, 2029. Of the total, 95,713 shares go to managed accounts of Sprott Private Resource Streaming and Royalty Corp., a related party transaction under MI 61-101, with exemptions claimed from valuation and minority approval requirements.
NewsBunker Hill Mining Intersects Additional High-Grade Silver in the Cate-8 Vein; Individual Drill Samples to 16.3 oz/ton Silver, 41.1% Lead, 7.41% Zinc; Underground Channel Sampling Returns 46 Feet of 8.19% Lead, 2.49 oz/ton Silver, 1.18% Zinc
Underground drilling at the Cate-8 zone at the Bunker Hill Mine in northern Idaho returned 12.5 feet at 2.94 oz/ton Ag and 3.2% Pb in BHD26-17, and 3.2 feet at 4.19 oz/ton Ag and 10.6% Pb in BHP26-24, including 0.7 feet at 15.7 oz/ton Ag, 33.7% Pb and 1.1% Zn. The Cate-8 exploration target now stands at 522k tons at 5.34 oz/ton AgEq for 2.79M AgEq ounces at a 50 g/t cut-off, up 55% in tonnage. Bunker Hill also drew an additional US$2,000,000 under its Teck standby facility.
Drill resultsBunker Hill and Silver47 Announce Merger to Create a 'Made in America' U.S. Silver & Critical Minerals Champion
Bunker Hill Mining has agreed to acquire all outstanding shares of Silver47 Exploration under a definitive arrangement agreement dated August 20, 2026, with Silver47 shareholders receiving 0.1724 Bunker Hill shares per share — implying about US$0.67 (C$0.93) per share, a 38% premium to the August 20 close, and roughly US$163 million fully diluted. Bunker Hill and Silver47 shareholders would hold about 57% and 43%; the company would be renamed Bunker Hill Silver Corp. Bunker Hill also entered a US$10,000,000 Ocean Partners concentrate prepayment facility and drew US$1,000,000 from Teck's standby facility.
AcquisitionBunker Hill Mining Announces First Stope Blast on Track for Commercial Production in Q4|2026
The first production stope blast has been completed at the 100%-owned Bunker Hill Mine in northern Idaho's Silver Valley, marking the shift from redevelopment toward sustained underground production. Mining uses transverse longhole stoping in a primary-secondary configuration with paste backfill, supporting a planned 1,800 tpd operation without a surface tailings facility. The company also reported four consecutive years without a lost-time incident and one year without a recordable incident, and remains on track for commercial production by the end of 2026.
CorporateBunker Hill Adopts Amended and Restated By-Laws
Bunker Hill Mining's board approved amended and restated by-laws on August 1, 2026, effective immediately and superseding the prior by-laws, subject to Toronto Stock Exchange approval. The changes establish advance notice procedures for stockholder proposals and director nominations, add universal proxy provisions under Rule 14a-19, raise the meeting quorum from holders of at least 5% of issued voting stock to at least 33 1/3%, set plurality voting for director elections, and remove certain dissent rights beyond the Nevada Revised Statutes. Stockholder approval is not required.
CorporateBunker Hill Ships First Concentrate to Trail Smelter and Announces Drawdown of Standby Facility
The first shipment of concentrate from the Bunker Hill Mine in Kellogg, Idaho has been sent to Teck's Trail smelter in British Columbia, approximately 140 miles (220 kilometres) away, following commissioning of a new 1,800 tpd processing plant expandable to about 2,500 tpd. Full commercial production is targeted by the end of 2026, and the paste backfill plant at Wardner is expected to be commissioned within three weeks. The Company also drew US$5 million under its Teck-provided standby facility for working capital.
CorporateBunker Hill Mining Strengthens Executive Team and Achieves Improved ESG Rating in Latest Digbee Assessment
Bradley Barnett has been appointed Chief Financial Officer effective immediately, moving from the interim role, and Mark Hayes has been appointed General Counsel effective August 10, 2026; Hayes previously headed legal for Rio Tinto's Nuton venture. In its fourth Digbee ESG assessment, and first under the Operations Phase framework, Bunker Hill received an overall score of A (range B to AAA) as of April 2026. The Bunker Hill Mine in Idaho's Silver Valley is advancing toward commercial production, with 200 to 250 direct employees expected.
ManagementDrilling Campaign Doubles Target Size of the Cate-8 Discovery Target
Additional assay results from underground drilling at the Bunker Hill Mine in Idaho included 8.1 feet at 18.82 oz/ton Ag, 8.87% Pb, 0.25% Zn (20.98 oz/ton AgEq) in BHE26-16, 22.6 feet at 3.27 oz/ton AgEq in BHE26-13, and individual samples to 27.3 oz/ton Ag, 35.7% Pb and 15.7% Zn. The Cate-8 Target Model now stands at 337k tons at 6.17 oz/ton AgEq for 2.08M ounces at a 50 g/t AgEq cut-off, from 21 holes totalling 7,350 feet. An initial resource estimate is targeted by year-end 2026.
Drill resultsBunker Hill Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
An aggregate of 522,296 common shares will be issued at US$3.42 (approximately C$4.85) per share to settle interest owing as of June 30, 2026 under three debt instruments: 22,174 shares for US$75,833.33 on the 5.0% Series 1 debentures, 55,434 shares for US$189,583.33 on the 5.0% Series 2 debentures, and 444,688 shares for US$1,520,833.33 under a 10.0% loan facility. Of these, 518,600 shares go to Sprott managed accounts, a related party transaction under MI 61-101. Issuance requires regulatory and exchange approval and carries a four-month-and-one-day hold.
NewsBunker Hill Produces First Concentrate on Schedule for Shipment to Trail Smelter
First concentrate has been produced at the Bunker Hill Mine in Idaho's Silver Valley, the first product shipped from the mine in 45 years, destined for the Trail smelter. Commercial production, defined as 90 days at greater than 65% of 1800tpd throughput with operating stability, is expected by the end of 2026, with 2027 and 2028 guidance to follow. Underground drilling has completed 16 core holes totalling 5,960 feet, all intersecting visible galena, with 28 further holes (~14k feet) planned.
CorporateFederal Court Hands Bunker Hill Mining Significant Summary Judgment Victory Over Crescent
The U.S. District Court for the District of Idaho issued a summary judgment decision dismissing both of Crescent Mine, LLC's federal CERCLA claims — cost recovery under Section 107(a) and declaratory judgment under Section 113(g) — in their entirety, and rejected Crescent's request to force dewatering of the mine, holding such remedial action falls within the EPA's exclusive authority. Portions of Crescent's state-law trespass, nuisance and negligence claims were barred by statutes of limitations, with a narrow set remaining for trial, while Bunker Hill's Section 113(f) contribution claim was held viable.
CorporateBunker Hill Mining on Track for Concentrate Production by the End of the Month
Commissioning of the new 1,800 tpd processing facility in Kellogg, Idaho is on track to produce the first batch of concentrate for sale by the end of June 2026. The crusher is processing ore and feeding the ore silo while final commissioning of the grinding, flotation, thickening and filtration circuits continues, alongside commissioning of the co-located tailings filter press within a closed-loop water management system. The plant was commissioned using waste rock and is now transitioning to run-of-mine ore.
CorporateBunker Hill Mining Announces Director Resignation
Mark Child has resigned from Bunker Hill Mining Corp.'s Board of Directors, effective immediately. Child had served as a director since earlier this year, a period in which the Company advanced and restarted the historic Bunker Hill Mine in northern Idaho. The Board will evaluate its composition and governance requirements and decide whether to appoint a replacement director in due course. The 1,800tpd operation is due to start in June 2026.
ManagementBunker Hill Mining Announces Election of Directors and Voting Results From the 2026 Annual General Meeting of Stockholders
All six director nominees — Sam Ash, Mark Child, Mark Cruise, Kelli Kast, Pam Saxton and Richard Williams — were elected at Bunker Hill Mining's annual general meeting held June 11, 2026 in Kellogg, Idaho, each with at least 99.79% of votes for. Stockholders also ratified MNP LLP as auditor and approved the amended and restated restricted stock unit incentive plan, the amended and restated stock option plan, and, on a non-binding advisory basis, named executive officer compensation. A total of 10,915,589 common shares, or about 23.38% of shares outstanding as of the record date, were represented.
CorporateExploration Expands the High–Grade Silver-Lead Cate-8 Vein Discovered in the Upper Area of the Mine
Drilling on the Cate-8 Vein at the Bunker Hill Mine in Idaho has completed seven holes totalling 2,750 feet from the 8 Level, with hole BHE26-03 returning 15.5 ft at 11.34 oz AgEq per ton (388.79 g/t AgEq) 310 ft from current mine development and BHE26-02 returning 28.6 ft at 5.06 oz AgEq per ton. A preliminary exploration target estimate indicates 50,174–167,821 tons at 9.32–5.75 oz/ton AgEq. Four additional holes are planned, and the 1,800tpd operation is due to start in June 2026.
Drill resultsBunker Hill Confirms Discovery of New High-Grade Silver-Lead Veins With Second Drill Intercept
Drillhole BHE26-02 at the Cate-Eight Vein target at the Bunker Hill Mine in Idaho returned 28.6 ft grading 3.02 oz/ton (103.39 g/t) silver, 7.44% lead and 0.85% zinc (173.5 g/t AgEq) from 453 ft downhole, including 17.1 ft at 4.19 oz/ton silver, 10.67% lead and 0.73% zinc, with veins of 2.1 ft and 4.3 ft at up to 8.84 oz/ton silver and 23.20% lead. The intercept extends mineralization about 340 feet up-dip from BHE26-01. Approximately 1,250 feet of the planned 25,000-foot program has been drilled.
Drill resultsBunker Hill Announces Appointment of Mark Child to Board of Directors
Mark Child has been appointed an Independent Non-Executive Director of Bunker Hill Mining Corp., effective May 6, 2026, and will serve on the Corporate Governance & Nomination, Audit and Compensation Committees. Child was previously Chairman and CEO of Condor Gold plc, which was sold to Metals Exploration plc in 2025 for total consideration of up to US$120M. The Bunker Hill Mine in northern Idaho is expected to restart production next month with an 1,800 tpd processing plant.
ManagementBunker Hill on Track for June Restart of OperationsUnderground Exploration Drilling Intersects Multiple Zones of Near Mine High-Grade Silver Mineralization at Bunker Hill Mine
Initial underground drilling at the Cate-Eight target at the Bunker Hill Mine in northern Idaho returned 2.3 ft at 11.1 oz/ton silver and 28.4% lead within a 3.5 ft vein zone grading 7.91 oz/ton silver and 20.55% lead, and 0.8 ft at 11.9 oz/ton silver and 29.3% lead within a 20.5 ft siderite-galena vein. Roughly 730 feet of the planned 25,000-foot program has been drilled. The company reports pre-production activities about 93% complete and remains on track to begin production in June 2026.
CorporateBunker Hill on Track for June Restart. Provides Corporate Update and Commissioning Progress
Commissioning of the Bunker Hill Mine in Idaho's Silver Valley is advancing across the mill, filter plant and systems testing, with restart anticipated in June 2026; mining will use longhole stoping with paste backfill, average stope size 6 m wide by 12 m high by 30 m long, accessed via the Russell Portal and a 3 kilometre internal ramp. An underground drill program of approximately 25,000 feet has begun from the 7 and 8 levels, with surface drilling at Bunker Hill and Ranger Page from June. The Company joined the U.S.
CorporateBunker Hill Announces Equity Compensation Grants
Bunker Hill Mining's board approved the grant of an aggregate of 163,674 restricted stock units to certain directors and officers under the company's amended and restated RSU plan, at a deemed price of C$5.60 based on the April 9, 2026 TSX closing price. The board also granted incentive stock options on up to 12,402 common shares to an officer, exercisable at C$5.60 and expiring April 10, 2031. Both vest in one-third increments on April 10 of 2027, 2028 and 2029.
CorporateBunker Hill Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
Bunker Hill Mining will issue 72,115 common shares at US$3.64 (approximately C$5.05) per share to satisfy US$262,500 of interest owing as of March 31, 2026 under its 5.0% Series 1 and Series 2 secured convertible debentures, comprising US$75,000 and US$187,500 respectively. Of these, 68,681 shares go to managed accounts of Sprott Private Resource Streaming and Royalty Corp., making the issuance a related party transaction under MI 61-101. The Series 1 and Series 2 debentures mature March 31, 2028 and March 31, 2029.
NewsBunker Hill Announces Graduation to the Toronto Stock Exchange and on Track for Restart of Operations in June 2026
Approval has been received to list Bunker Hill Mining's common shares on the Toronto Stock Exchange, with trading expected to begin March 25, 2026 under the ticker BNKR and concurrent delisting from the TSX Venture Exchange. Construction and commissioning at the Bunker Hill Mine in northern Idaho is 87% complete and on track for a restart of operations in June 2026. The paste plant has arrived in Seattle from Australia, and the main ramp is expected to reach the 9-Level in April.
CorporateBunker Hill on Track for June 2026 US Mine Restart Launches Exploration Program and Provides Project Update
Construction and commissioning at the Bunker Hill Zinc-Silver-Lead Mine in Idaho's Silver Valley is 85% complete, with restart of operations and first concentrate production on track for June 2026; mechanical installation at the filter plant is 100% complete and underground stockpiles cover the first three months of operations. Timberline Drilling has been contracted for 25,000 feet of drilling on higher-grade silver targets at Bunker Hill and Ranger Page starting April 2026, the first phase of a multi-phase 2026 campaign.
CorporateBunker Hill Announces Changes to its Finance Team as Part of Concentrating its Executive Leadership Team Within the USA
CFO and Corporate Secretary Gerbrand Van Heerden resigned effective March 10 to return to Southern Africa, and has been replaced by Bradley Barnett as Interim CFO and Corporate Secretary, effective immediately, while Bunker Hill begins a formal search for a US-based CFO; Mark McBride was promoted to Vice President, Finance. The company also clarified its LIFE offering, in which it issued 159,735,000 pre-consolidation LIFE units, with warrants exercisable at a post-consolidated $10.50 for 36 months. Restart of operations remains targeted for the first half of 2026 at the Bunker Hill Mine in Idaho.
ManagementBunker Hill Announces Completion of Reverse Stock Split
A one-for-thirty-five reverse stock split of Bunker Hill's common and preferred stock has been completed, with shares trading on a post-consolidation basis on the TSXV from market open March 6, 2026. Common shares outstanding fall from 1,596,641,338 as of March 5, 2026 to approximately 45,618,323, subject to rounding; no preferred shares are outstanding. The new CUSIP is 120613823 and ISIN US1206138232, and the split remains subject to final TSXV approval. Warrants from the LIFE offering are now exercisable at C$10.50 per post-consolidation share for 36 months.
CorporateBunker Hill Announces Effective Date of Reverse Stock Split and Update to C$30 Million LIFE Offering
A one-for-thirty-five reverse stock split of Bunker Hill's common and preferred stock will take effect at 12:01 a.m. (PST) on March 6, 2026, with shares continuing to trade on the TSXV under BNKR, reducing the 1,407,494,573 shares outstanding as of March 2, 2026 to approximately 40,214,130. New CUSIP is 120613823 and ISIN US1206138232; the split remains subject to TSXV approval. The LIFE offering of up to 159,735,000 units at C$0.18, including the 15% Agents' Option, was amended, with approximately 138,900,000 units offered through a Haywood-led best efforts private placement and a non-brokered placement, closing on or around March 5, 2026.
CorporateBunker Hill Announces Amendment to $30 Million LIFE Offering of Units & Warrant Exercise
Amendments to the previously announced LIFE offering of approximately 138,900,000 units were disclosed, with the units to be sold via a best efforts brokered private placement across Canada excluding Québec under an agency agreement expected around the March 5, 2026 closing date with Haywood Securities Inc. as lead agent and bookrunner, plus a non-brokered placement. The Agents' Option allows sale of up to an additional 15% of LIFE Units sold, less units sold under the non-brokered offering, exercisable up to 48 hours before closing, with no commission on the non-brokered portion. Funds used by Independent Trading Group for market-making will be provided by ITG and its employees.
FinancingBunker Hill Announces C$30 Million Brokered LIFE Offering of Units & Warrant Exercise, and Reverse Stock Split
A brokered best-efforts LIFE private placement of approximately 138,900,000 units at C$0.18 each for gross proceeds of about C$25,002,000 has been agreed with Haywood Securities as lead agent, with a C$15,000,000 minimum, a 15% agents' option, and each unit comprising one common share and half a warrant exercisable at C$0.30 for 36 months; closing is expected on or about March 5, 2026. A cornerstone shareholder is expected to exercise warrants at C$0.17 for minimum gross proceeds of C$5,000,000, a condition of the offering.
FinancingBunker Hill Announces Engagement of Independent Trading Group as Market Maker
Independent Trading Group (ITG) Inc. has been engaged to provide market-making services for Bunker Hill Mining Corp. on the TSX Venture Exchange and other trading venues, subject to regulatory approval. ITG will be paid CAD $6,500 per month in advance under an initial one-month term that renews monthly unless terminated, with 30 days' notice required from either party. There are no performance factors, and ITG will not receive shares or options as compensation.
CorporateBunker Hill Mining Provides Corporate Update, Confirming Project Restart on Track for H1 2026, Improved Metal Mix, And Several New AI-Validated Exploration Opportunities
The restart of the Bunker Hill Mine in Idaho's Silver Valley remains on schedule and budget for first production in H1 2026, with the 1,800 tpd Process Plant 88% complete and in commissioning, the Tailings Filter Plant close to 60% complete, and roughly 20,000 tons of ore stockpiled underground. Silver and base metals are now expected to contribute approximately 50/50 to revenue. AI-assisted review validated three exploration targets, including the Page Mine-Curlew Vein and Cate Fault zone.
CorporateBunker Hill Announces Final Tranche of Silver Loan Facility
The seventh and final tranche of the silver loan with Monetary Metals Bond III LLC has closed, in the principal amount of US$4,763,110.38, equal to 50,958 ounces of silver as of the advance date. The facility, supporting the restart and development of the Bunker Hill Mine in northern Idaho, provided for a principal amount of up to 1.2M ounces of silver and is now fully drawn. No warrants were issued for the final tranche; 3,000,000 warrants have been issued to Monetary Metals in total.
FinancingBunker Hill Enters 2026 With Strong Momentum Positioned as a New U.S. Critical Metals Producer
A year-end 2025 review and 2026 outlook for the Bunker Hill Mine in Idaho's Silver Valley reported processing plant construction and commissioning at 88% complete and the tailings filter press at 56% complete, with phased commissioning starting in January and a mine restart expected in H1 2026. A refinancing extended debt maturities to 2030, reduced outstanding debt by approximately 39%, cut royalty and stream obligations from 11.85% to 5%, and secured US$68M in incremental funding. Expected recoveries are 89% silver, 87% lead and 92% zinc, with zero lost time injuries in 2025.
Corporate
202525 releases
Bunker Hill Announces Election to Issue Shares in Satisfaction of Interest and Service Payment Obligations
Bunker Hill Mining will issue 1,578,430 common shares at US$0.17 (approximately C$0.23) each to settle US$268,333.33 of interest owing as of December 31, 2025 under its 5.0% Series 1 and Series 2 secured convertible debentures, which mature March 31, 2028 and March 31, 2029. Of these, 1,503,266 shares go to managed accounts of Sprott Private Resource Streaming and Royalty Corp., a related party transaction under MI 61-101. A further 328,831 shares at C$0.1913 will pay Henderson House Holdings for consulting services from August 1 to November 30, 2025.
NewsBunker Hill Completes the Ranger Page Project Acquisition in Idaho’s Silver Valley and Provides Corporate Update; Advances Exploration in Idaho Leveraging VRIFY’s AI-Enabled Exploration Intelligence Software
The acquisition of the Ranger–Page Project and a 75% interest in the Government Gulch (Blackhawk) property from a Silver Dollar Resources subsidiary has closed, for total consideration of approximately US$2.4M in 23,333,334 Bunker Hill shares released from contractual escrow at the 6-, 9- and 12-month anniversaries of December 11, 2025. The properties add about 1,205 acres (4.8 km²) adjacent to the Bunker Hill Mine in Idaho's Silver Valley, bringing the contiguous land position above 6,200 acres.
AcquisitionBunker Hill Announces Sixth Tranche of Silver Loan Facility
Bunker Hill Mining closed a sixth tranche of its silver loan with Monetary Metals Bond III LLC for US$2,521,215, equal to 50,384 ounces of silver at the advance date, supporting the restart and development of the Bunker Hill Mine in northern Idaho. Subject to TSX-V approval, 742,219 bonus warrants will be issued to Monetary Metals at C$0.19, exercisable until August 8, 2027. The loan agreement was amended to extend the availability date for advances from June 30, 2025 to January 31, 2026.
FinancingBunker Hill Announces Agreement to Issue Shares for DSU Settlement
Bunker Hill Mining has agreed to settle 851,134 vested deferred share units held by a former director, granted for services in the 2023 and 2024 fiscal years, by issuing 615,384 common shares at a deemed price of C$0.195 per share, the November 3, 2025 TSX-V closing price. The shares partially satisfy a C$165,971.13 redemption amount, with the remaining C$45,971.13 paid in cash, preserving cash for the potential restart and development of the Bunker Hill Mine in Idaho. The issuance requires TSX-V approval and carries a four month and one day hold period.
CorporateBunker Hill Announces Agreement to Acquire the Historic Ranger-Page Silver- Lead-Zinc Mines to Expand Exploration Potential in the Silver Valley of Idaho
Bunker Hill Mining's subsidiary Silver Valley Metals Corp. has agreed to acquire Silver Dollar Resources' 100% interest in the Ranger-Page property, six past-producing underground silver-lead-zinc mines adjacent to the Bunker Hill Mine in Idaho's Silver Valley, for US$2.4 million in 23,333,334 common shares held in staged escrow to the 12-month anniversary of closing. The acquisition adds about 1,205 acres (4.8 km²), creating a contiguous package exceeding 6,200 acres (25 km²), and is subject to TSX Venture Exchange approval. A webinar is scheduled for October 30, 2025.
AcquisitionBunker Hill Provides October Project Update
Total project completion at the Bunker Hill Mine in Idaho's Silver Valley has reached 74%, on schedule and within budget for a restart of operations in H1 2026, with procurement at 98% and the processing plant 83% complete. The Tailings Filter Press remains on the critical path, with foundations set to receive its steel framework and press mechanism this week. Ramp refurbishment to Level 8 is progressing, ore stockpiling underground has begun, and a webinar is set for October 21, 2025.
CorporateBunker Hill Announces Equity Compensation Grants
The board approved the grant of 3,980,071 restricted stock units to certain directors and officers, vesting in one-third increments on October 14, 2025, June 30, 2026 and June 30, 2027 at a deemed price of C$0.215, based on the October 10, 2025 TSX-V closing price. The board also granted 626,593 incentive stock options to an officer at an exercise price of C$0.215, expiring October 14, 2030 and vesting in tranches over three years.
CorporateBunker Hill Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
An aggregate of 2,236,111 common shares will be issued at US$0.12 (approximately C$0.17) per share to satisfy US$268,333.34 of interest owing as of September 30, 2025 under outstanding convertible debentures — 638,889 shares for US$76,666.67 on the 5.0% Series 1 debentures (maturing March 31, 2028) and 1,597,222 shares for US$191,666.67 on the 5.0% Series 2 debentures (maturing March 31, 2029). Of these, 2,129,630 shares go to Sprott managed accounts, a related party transaction under MI 61-101. Issuance requires TSX-V approval and carries a four month and one-day hold period.
NewsBunker Hill Announces Closing of “Bought Deal” Private Placements of Units for Gross Proceeds of Approximately C$52 Million
Bought deal private placements closed for total gross proceeds of C$51,854,494, comprising 206,250,000 units at C$0.12 for C$24,750,000 (including full over-allotment exercise) and 225,000,000 units at US$0.08711 for US$19,599,750. Each unit includes one common share and one warrant exercisable at C$0.17 for 60 months. Teck Resources subscribed for 223,786,706 units, raising its holding to approximately 32.6% non-diluted. Proceeds are intended for construction, start-up and ramp-up of the Bunker Hill Zinc-Silver-Lead Mine in Idaho's Silver Valley.
FinancingBunker Hill Announces Election of Directors and Results of Annual General Meeting
All five director nominees — Sam Ash, Mark Cruise, Kelli Kast, Pamela Saxton and Richard Williams — were re-elected at the annual stockholders meeting held September 18, 2025, in Kellogg, Idaho; Dickson Hall did not stand for re-election. Stockholders also ratified MNP LLP as auditor for the fiscal year ending December 31, 2025, adopted the amended and restated RSU plan fixed at 92,699,433 common shares, renewed the rolling 10% stock option plan, and approved executive compensation on a non-binding advisory basis.
CorporateBunker Hill Updates Previously Announced C$45 Million “Bought Deal” Private Placement of Units to Provide for Canadian Dollar and U.S. Dollar Denominated Tranches
The previously announced C$45 million bought deal private placement has been revised into two tranches: 150,000,000 units at C$0.12 for gross proceeds of C$18,000,000, and 225,000,000 units at US$0.08711 for gross proceeds of US$19,599,750, with a cornerstone investor expected to subscribe for the entire USD tranche. Haywood Securities is lead underwriter and sole bookrunner, with BMO Capital Markets in the syndicate. Closing is expected September 29, 2025, subject to TSX Venture Exchange conditional listing approval.
FinancingBunker Hill Announces C$45 Million “Bought Deal” Private Placement of Units
A C$45,000,000 bought-deal private placement has been agreed with Haywood Securities as lead underwriter and sole bookrunner, comprising 375,000,000 units at C$0.12, each unit including one common share and one warrant exercisable at C$0.17 for 60 months. Underwriters hold an option for up to 56,250,000 additional units, and two cornerstone investors are expected to subscribe for approximately US$19,600,000 and US$5,000,000. Proceeds will advance construction of the Bunker Hill Mine in Idaho toward commercial production; closing is expected September 29, 2025.
FinancingBunker Hill Provides Project Update
Construction of the Bunker Hill Mine in Idaho is 67% complete, up from 53% at November 1, 2024, with 98% of procurement done, the 1,800 tons per day processing plant 83% complete and the redesigned tailings filter press 40% complete; payable ore is being stockpiled underground and restart is targeted for H1 2026. A US$31M equity financing and debt restructuring closed June 5, 2025, anchored by Teck, cutting total debt 40%, settling $10.2M of short-term payables and reducing gross revenue royalty costs 58%. H2 2025 plans include pursuing US$150M of US EXIM debt finance, a resource update and an NYSE American listing application.
CorporateBunker Hill Announces Election To Issue Shares In Satisfaction Of Interest Payment Obligations
An aggregate of 15,378,473 common shares will be issued at US$0.08 (approximately C$0.11) per share, based on 90% of the 10-day VWAP over June 13–26, 2025, in full satisfaction of interest payable as of June 30, 2025 under Series 1 and Series 2 convertible debentures and a 10% loan facility, covering US$103,333.33, US$340,833.33 and US$786,111.11 respectively. Of these, 15,163,195 shares go to Sprott managed accounts, a related party transaction under MI 61-101, subject to TSX-V approval and a four-month-and-one-day hold.
NewsBunker Hill Announces Closing of $31 Million Combined Equity Financings and Debt Settlements Along with its Major Capital Restructuring
Closed brokered and non-brokered private placements totaling 252,215,751 units at C$0.15 per unit, raising approximately US$6.2 million in cash plus US$4.4 million in debt settlement, with Teck Resources subscribing for approximately US$20.5 million. Concurrent restructuring terminated the US$46 million Sprott Streaming metals purchase agreement in exchange for 200,000,000 common shares, US$4 million Series 3 debentures and a 1.65% royalty, and cut the Sprott debt facility from US$21 million to US$15 million. Teck and Sprott hold 23.9% and 29.6% respectively; Paul Smith resigned as director.
FinancingBunker Hill Announces Increase to the Previously Announced Promissory Note to Ensure Sufficient Liquidity as it Continues Toward Closing its Private Placements and Major Capital Restructuring
The maximum aggregate principal amount of the unsecured promissory note provided by Teck Resources Limited has been increased from US$3.4 million to US$4.4 million under an amended and restated agreement, providing short-term funding until previously announced brokered and non-brokered private placements close. The note bears 12% annual interest, capitalized monthly, is available in multiple advances at Teck's discretion, and is payable in cash on demand. No bonus securities will be issued and the note is not convertible.
FinancingBunker Hill Announces Updates to Equity Financings and Major Capital Restructuring
Total funding of US$10.3 million has been secured, including a cash order book of approximately US$6.5 million for the BMO/CIBC/Red Cloud-led brokered private placement of up to 62,086,187 units at US$0.105 (C$0.15) per unit, plus US$3.8 million in debt settlements and equity payments. Teck will contribute US$2.00 for every US$1.00 raised, up to 209,523,809 units for about US$22 million, alongside a US$10 million standby prepayment facility at 13.5%. Proceeds fund the Bunker Hill Zinc-Silver-Lead Mine in Idaho.
FinancingBunker Hill Announces Amendments to Outstanding RSUs
The vesting date for an aggregate of 3,891,096 restricted stock units previously granted to certain directors and officers under the Company's amended and restated restricted stock unit incentive plan has been further amended from May 1, 2025 to June 1, 2025. The RSUs were granted on November 2, 2022, July 4, 2023 and March 13, 2024. Bunker Hill also clarified that RSUs listed in its 2022 financial statements as granted November 17, 2022 were granted November 2, 2022, with the first two increments vested March 31, 2023 and 2024. The amendments require TSX Venture Exchange approval.
CorporateBunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations
Up to 187,500 common shares will be issued to holders of the company's 7.5% Series 1 Convertible Debentures to satisfy US$18,750 of interest payable as of March 31, 2025. The shares are priced at a deemed US$0.10 each, based on 90% of the 10-day VWAP on the TSX Venture Exchange from March 10 to March 21, 2025. The debentures mature March 31, 2028, and issuance is subject to regulatory and exchange approvals, with a four-month-and-one-day hold period.
FinancingBunker Hill Mining Announces Enhancements to Private Placements and Major Capital Restructuring
Enhanced terms were set for the previously announced capital restructuring and equity financing supporting the Bunker Hill Zinc-Silver-Lead Mine in Idaho's Silver Valley. Teck Resources will provide a US$10 million lead commitment via a lead order and promissory note, matching brokered offering proceeds two-to-one, with the Company targeting US$10-15 million in a brokered private placement led by BMO, CIBC and Red Cloud closing March 27, 2025. Warrant terms extend from 12 months to three years, and Sprott Streaming will convert an additional US$6 million of debt to equity, totaling roughly US$27 million converted. Teck could hold approximately 29.6% of shares non-diluted.
FinancingBunker Hill Announces Restructuring of Outstanding Debt alongside up to US$60 Million Equity Financing and Provision of New Standby Facility
A capital restructuring for the Bunker Hill Mine in northern Idaho includes equity financings of up to approximately US$60 million (C$86,220,000) at US$0.105 per unit, comprising up to US$40 million subscribed by Teck Resources and a brokered private placement of up to US$20 million led by BMO, CIBC and Red Cloud; each unit carries one share and half a warrant exercisable at C$0.25 for 12 months. Teck will also provide an uncommitted revolving standby prepayment facility of up to US$10 million available until the earlier of June 30, 2028 or the Project reaching 90% of nameplate capacity.
FinancingBunker Hill Announces Amendment of Royalty Agreement with Sprott Streaming
A first amendment agreement dated December 12, 2024 to the June 23, 2023 royalty agreement with an affiliate of Sprott Private Resource Streaming & Royalty Corp. extends the existing gross revenue royalty to additional surface and mineral parcels between patented mining claims within the Bunker Hill Mine land package in Idaho. The additional claims cover an immaterial portion of the total land package. The related party transaction is exempt from MI 61-101 valuation and minority approval requirements and remains subject to TSX Venture Exchange approval.
FinancingBunker Hill Mining Receives Fourth Tranche from Sprott Standby Facility
Bunker Hill Mining has received the final US$6 million tranche under its senior secured Standby Facility with Sprott Private Resource Streaming and Royalty Corp., which has now advanced US$15 million of an agreed aggregate of up to US$21 million to fund development of the Bunker Hill Mine in Kellogg, Idaho. The company said the start of commercial operations will likely move into H2 2025. It has been invited to present its formal application for US$150 million in US EXIM Bank debt financing in March 2025, and expects an updated mineral estimate in Q1 2025 with a full report in April 2025.
FinancingBunker Hill Mining Receives Third Tranche from Sprott Standby Facility
A third tranche of US$5 million has been advanced under the senior secured Standby Facility with Sprott Private Resource Streaming and Royalty Corp., bringing total advances to US$10 million of an agreed aggregate of up to US$21 million, subject to satisfaction of certain conditions. The funds are for development costs at the Bunker Hill Mine in Kellogg, Idaho.
FinancingBunker Hill Provides Project and Corporate Update
Restart of the Bunker Hill Mine in Kellogg, Idaho remains targeted for the second quarter of 2025, with mechanical installation of the refurbished flotation circuit and phased commissioning of the 1,800 tons per day processing plant planned through H1 2025, less than 1,400 feet of Newgard ramp refurbishment remaining, and the paste plant ready to support operations from June 2025. An updated mineral estimate is on track for Q1 2025, with the full report expected in April 2025.
Corporate
202422 releases
Bunker Hill Announces Closing of Fifth Tranche of the Silver Loan Facility
The fifth tranche of Bunker Hill's silver loan with Monetary Metals Bond III LLC has closed in the principal amount of US$1,478,847, equal to 50,198 ounces of silver at the advance date, under a facility of up to 1.2 million ounces supporting the restart of the Bunker Hill Mine in Idaho. Subject to TSX-V approval, 100,397 bonus warrants will be issued at C$0.15, exercisable until August 8, 2027. Procurement is 98% complete, with an H1 2025 restart targeted.
FinancingBunker Hill Announces Updates to Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations & Financing Cooperation Fee
Up to 8,446,194 common shares will be issued to satisfy debenture interest obligations and outstanding financing cooperation fees. Up to 7,392,859 interest shares will be issued at USD$0.07 each to holders of 7.5% and 10.5% convertible debentures covering USD$517,500.00 of interest payable as of December 31, 2024, of which up to 7,119,049 go to Sprott managed accounts, revised from 7,392,859 disclosed December 20, 2024. A further 509,480 shares at C$0.16 and 543,855 at C$0.15 settle two US$60,000 cooperation fees.
FinancingBunker Hill Mining Receives Second Tranche from Sprott Standby Facility
A second tranche of US$5 million has been advanced under the up to US$21 million senior secured Standby Facility with Sprott Private Resource Streaming and Royalty Corp. to fund development at the Bunker Hill Mine in Kellogg, Idaho. Five stopes have been readied for mechanized cut-and-fill mining in the UTZ area near the Russell Portal, with geotechnical stabilization of the main ramp at the Cate Fault nearing completion. Grid power is connected to the processing facilities, and an updated mineral resource estimate is planned for Q1 2025.
FinancingBunker Hill Mining Intersects High-Grade Zinc-Lead-Silver Mineralization Adjacent to Existing Underground Infrastructure
Underground resource conversion drilling at the Bunker Hill Mine in Kellogg, Idaho returned 14.7% Zn, 5.2% Pb and 2.10 opt Ag over 13.2 ft from 380–396.4 ft in hole 7099, 8.83% Zn, 2.9% Pb and 0.85 opt Ag over 13.5 ft from 361.5–375 ft in hole 7093, and 4.99% Zn, 1.40% Pb and 0.48 opt Ag over 8.8 ft in hole 7097. Fifteen holes totaling 5,996 feet (1,828 meters) have been completed, with the program ending in December 2024 and an updated resource estimate planned for Q1 2025.
Drill resultsBunker Hill Announces Updated Forecast for Mine Restart and Revised Financing Plan
Total restart expenditure at the Bunker Hill Mine in Idaho is now forecast at $103 million, up from $67 million previously and $56 million in the 2022 Pre-Feasibility Study, with restart delayed by up to four months to Q2 2025. The project is about 64% complete with 98% of procurement done. The company will draw on a $21 million Sprott standby facility, starting with a $5 million tranche, and aims to conclude a $30 million offtake or similar financing by end-January 2025.
CorporateBunker Hill Announces Closing of the Fourth Tranche of Silver Loan Facility
The fourth tranche of Bunker Hill's silver loan with Monetary Metals Bond III LLC has closed for a principal amount of US$1,250,000, equal to 39,619.6513 ounces of silver, following first, second and third tranches of US$16,422,039, US$6,369,000 and US$6,321,112. A total of 476,793 bonus warrants exercisable at C$0.12 until August 8, 2027 will be issued for the third and fourth tranches, subject to TSX-V approval. Concentrator construction has about 98% of components on site, with restart planned for the first half of 2025 and an updated resource statement in Q1 2025.
FinancingBunker Hill Announces Closing of the Third Tranche of Silver Loan Facility
The third tranche of the silver loan with Monetary Metals Bond III LLC has closed in the principal amount of US$6,321,112, equal as of November 6, 2024 to 198,777 ounces of silver, supporting the restart and development of the Bunker Hill Mine in Idaho. The facility totals up to 1.2 million ounces of silver, following first and second tranches of US$16,422,039 and US$6,369,000. Bunker Hill also issued 750,000 DSU Shares at C$0.16 to a former director, plus C$46,304.31 cash, subject to TSX-V approval.
FinancingBunker Hill Mining Receives Letter Of Intent For Up To $150m In Potential Low-Cost Funding From Exim Bank
A non-binding Letter of Interest has been received from the Export-Import Bank of the United States for a debt funding package of up to $150M with a loan term of up to 15 years, intended to fund the 2500tpd Bunker 2.0 expansion project in Kellogg, Idaho. The LOI is not a financing commitment and is subject to due diligence and definitive documentation; a formal application is expected by the end of 2024. An updated resource and reserve report is planned for Q1 2025, with restart at 1800tpd in the first half of next year.
FinancingBunker Hill Mining Provides Exploration Update Defines High-Grade Silver Target
An 8,000-foot (~2,440 metre) resource conversion drill campaign at the Bunker Hill Mine in Idaho, begun in May, is on track for completion by year-end, with polymetallic zinc, lead and silver mineralization intersected in all 14 diamond drill holes to date; assays from the first six holes include 3.4 feet at 21.06% Zn, 7.46% Pb and 2.93 opt Ag in hole 7092. Results will feed an updated NI 43-101 resource and reserve statement in Q1|25. A newly defined 5 to 10 ounces per tonne, approximately 500,000-to-1-million-ounce silver target will be tested by a 3,000-foot (~910 metre) program starting Q1|25.
Drill resultsBunker Hill Mining Provides October Project Update
Structural construction of the 1,800 tpd process plant at the Bunker Hill Mine in Idaho's Silver Valley was 85% complete at the end of Q3 2024, with procurement 98% complete and 95% of equipment on site or on a just-in-time delivery schedule. Pre-commissioning activities have begun, including staff recruitment, expansion of underground mining teams and a Pronto ERP rollout that is 50% complete and targeted to be operational January 6, 2025. Rehabilitation of the ramp between the 7 and 8 Levels is advancing at 30 feet per day, targeting first stope mining on the 8 Level in Q1 2025 and production in H1 2025.
CorporateBunker Hill Announces Agreement to Issue Shares for DSU Settlement
A settlement agreement with a former director will see 1,051,787 vested deferred share units settled through the issuance of 1,039,403 common shares at a deemed price of C$0.16 per share, the October 7, 2024 TSX-V closing price, in full satisfaction of a C$166,304.41 cash redemption amount. The share issuance preserves cash for the potential restart and development of the Bunker Hill Mine. The transaction is subject to regulatory approvals, including TSX-V approval, with a four month and one day hold period.
CorporateBunker Hill Announces the Appointment of Kelli Kast as Director and Chair of the Board’s Corporate Governance, Nominating and Compensation Committee
Kelli Kast has been appointed to Bunker Hill Mining's Board of Directors, effective immediately, and will serve as Chair of the Board's Corporate Governance, Nominating and Compensation Committee as an Independent Director. Kast is Vice President, General Counsel and Chief Administrative Officer of Rare Element Resources Ltd and previously held senior legal and administrative roles at Coeur Mining Corporation from 2005 to 2012. She holds a Juris Doctor from the University of South Dakota and is a licensed Idaho attorney.
ManagementBunker Hill Announces Closing of the Second Tranche of Silver Loan Facility
The second tranche of a silver loan with Monetary Metals Bond III LLC has closed in the principal amount of US$6,369,000, equal as of September 24, 2024 to 200,000 ounces of silver, supporting the restart and development of the Bunker Hill Mine in Idaho. Subject to TSX-V approval, 400,000 bonus warrants will be issued to Monetary Metals at an exercise price of C$0.16, exercisable until August 8, 2027. The facility totals up to 1.2 million ounces of silver, with a first tranche of US$16,422,039 closed August 8, 2024.
FinancingBunker Hill Announces Election To Issue Shares In Satisfaction Of Debenture Interest Payment Obligations
An aggregate of 5,175,000 common shares will be issued to holders of the company's 7.5% and 10.5% convertible debentures in full satisfaction of USD$517,500 of interest payable as of September 30, 2024, priced at USD$0.10 per share based on 90% of the 10-day VWAP over September 9 to September 20, 2024. Of these, 4,983,334 shares go to managed accounts of Sprott Private Resource Streaming and Royalty Corp., making the issuance a related party transaction under MI 61-101. Issuance is subject to TSX-V approval and a four-month and one-day hold period.
FinancingBunker Hill Announces Election To Issue Shares In Satisfaction Of Financing Cooperation Fee
506,775 common shares will be issued at a deemed price of C$0.16 per share to a creditor in full satisfaction of a US$60,000 financing cooperation fee for the period April 1, 2024 to June 30, 2024, under a September 27, 2022 cooperation agreement that requires US$20,000 monthly payments for collateral security backing surety bonds at the Bunker Hill Mine. The issuance is subject to TSX Venture Exchange approval and a four month and one day hold period.
FinancingBunker Hill Provides Corporate Update
Construction and underground rehabilitation at the Bunker Hill Mine in Kellogg, Idaho are on plan and budget, with mining, stockpiling and mill commissioning targeted by end-2024, a ramp-up to 1,800 tpd through H1 2025, and first concentrate shipment to Teck's Trail, BC smelter in H1 2025. An 8,975-foot underground drill program begun May 10, 2024 is ahead of schedule, with initial results in coming weeks and an updated resource in Q1 2025. The first Silver Loan tranche with Monetary Metals closed August 8, 2024 for US$16,422,039, equal to 609,805 ounces of silver.
CorporateBunker Hill Announces Entry Into Silver Loan Facility, Closing of the First Tranche and Amendments to Sprott Streaming Financing Package
Definitive agreements were signed with Monetary Metals Bond III LLC for a silver loan of up to 1.2 million ounces of silver, with a first tranche closed at US$16,422,039, equal to 609,805 ounces as of August 8, 2024, supporting the restart of the Bunker Hill Mine. The three-year loan bears 15% interest annually, repayable in cash or silver, and 1,280,591 warrants at C$0.16 will be issued, subject to TSX-V approval. Concurrent amendments extended Sprott Streaming debenture maturities to March 31, 2028 and 2029 and the loan maturity to June 30, 2030, with interest rising from 10% to 15% from June 30, 2027.
FinancingBunker Hill Announces The Appointment Of Vice President Business Development
Nick Dunnink has been appointed Vice President, Business Development at Bunker Hill Mining Corp., effective August 1, 2024. Dunnink previously ran his own corporate development and finance consultancy after ten years on mining and metals investment banking teams at bank-owned dealers, and is a Chartered Financial Analyst. He was issued incentive stock options for up to 87,493 common shares, exercisable for up to 5 years at C$0.16 per share, all vesting on August 1, 2025.
ManagementBunker Hill Announces an Enhanced Digbee ESG Rating
An overall ESG score of "A" was awarded to Bunker Hill Mining Corp. in its third annual assessment from independent platform Digbee ESG, published July 29, 2024. It is the Company's third submission for the Bunker Hill project since April 2021 and the first time the project has been assessed in the "development" phase rather than "exploration." The 2023 ESG Report is available on Bunker Hill's and Digbee's websites.
CorporateBunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations
An aggregate of 4,653,409 common shares will be issued to holders of the Company's 7.5% and 10.5% convertible debentures in full satisfaction of USD$511,875.00 of interest payable as of June 30, 2024, at USD$0.11 per share based on 90% of the 10-day VWAP over June 10 to June 21, 2024. Of these, 4,481,061 shares go to managed accounts of Sprott, a related party transaction under MI 61-101. The debentures mature March 31, 2026, and issuance requires TSX-V approval.
FinancingBunker Hill Announces Election Of Directors And Results Of Annual General Meeting
All six director nominees — Sam Ash, Mark Cruise, Dickson Hall, Pamela Saxton, Paul Smith and Richard Williams — were re-elected at Bunker Hill's annual general meeting held June 20, 2024 in Vancouver, British Columbia; Cassandra Joseph did not stand for re-election. Stockholders also ratified MNP LLP as auditor for the fiscal year ending December 31, 2024, renewed the stock option plan, and approved an amended and restated RSU plan fixed at 33,909,921 common shares, 10% of shares outstanding as at May 8, 2024.
CorporateBunker Hill Signs Financing Term Sheet for Up to 1.2 Million Ounces Silver Loan Facility
A non-binding term sheet has been signed with Monetary Metals & Co. for a silver loan of up to 1.2 million ounces to support the restart and development of the Bunker Hill Mine. The three-year loan would be secured against the Company's assets, repayable in silver ounces, and bear interest at 15% per annum paid quarterly in silver. Proceeds would replace all or part of the undrawn Sprott facility; closing requires TSX-V acceptance, definitive documentation, due diligence and Sprott Streaming consent. Bonus warrants will be issued to Monetary Metals.
Financing