Business
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
150,000,000 Units at a price per Unit of C$0.12 for gross proceeds of C$18,000,000 225,00...
About this update from Bunker Hill Mining Corp
[{"type":"text","content":"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\n\n\n\n\n\n 150,000,000 Units at a price per Unit of C$0.12 for gross proceeds of C$18,000,000\n \n\n\n\n 225,000,000 Units at a price per Unit of US$0.08711 for gross proceeds of US$19,599,750\n \n\n\n\n KELLOGG, Idaho and VANCOUVER, British Columbia, Sept. 15, 2025 (GLOBE NEWSWIRE) --\n \n Bunker Hill Mining Corp.\n \n (“\n \n Bunker Hill\n \n ” or the “\n \n Company\n \n ”) (\n \n TSX-V: BNKR |OTCQB: BHLL\n \n ) announces today that it has revised the terms of its previously announced “bought deal” private placement financing to provide for Canadian Dollar and United States Dollar denominated tranches consisting of: (i) 150,000,000 units of the Company (the “\n \n Units\n \n ”) at a price per Unit of C$0.12 for gross proceeds of C$18,000,000 (the “\n \n CAD Offering\n \n ”); and (ii) 225,000,000 Units at a price per Unit of US$0.08711 for gross proceeds of US$19,599,750 (the “\n \n USD Offering\n \n ”, and together with the CAD Offering, the “\n \n Offering\n \n ”).\n \n\n The Offering is being made through a syndicate of underwriters (the “\n \n Underwriters\n \n ”).\n \n\n The terms of the Offering are otherwise the same as those described in the Company’s news release dated September 5, 2025, entitled “\n \n Bunker Hill Announces C$45 Million “Bought Deal” Private Placement of Units\n \n .” It is expected that a cornerstone investor will subscribe for the entirety of the USD Offering.\n \n\n The Offering is expected to close on September 29, 2025, and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange (“\n \n TSXV\n \n ”).\n \n\n In consideration of their services, the Company has agreed to pay the Underwriters a cash commission equal to 6.0% of the gross proceeds from the Offering, provided that the cash fee will be 3.0% of the aggregate gross proceeds raised in the Offering from certain purchasers listed on the president’s list (the “\n \n Preside...