Bunker Hill Upsized and Improved $67 Million Financing Package, Teck Offtake Agreement

Investor webinar replay

Meeting Overview The meeting focused on the recent achievements of Bunker Hill Mining Company, particularly the successful acquisition of full project financing amounting to $67 million. CEO Sam Ash and CFO David Wienz discussed the implications of this financing for the company's mining project, including timelines for production and updates on engineering and operational plans. Key Discussion Points - Announcement of full project financing of $67 million, including $46 million from a stream and a $21 million backstop debt facility. - Production is expected to commence in the second half of 2024. - Tech has exercised the option for offtake on the concentrate, ensuring a market for the product. - Overview of the financing structure and its benefits, including lower costs for shareholders. - Updates on project readiness, including 90% completion of process plan engineering and significant milestones in mine development. - Introduction of key team members and partners involved in the ...

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[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hi everyone, and welcome to today's live summit with Bunker Hill. I'm pleased to introduce their CEO, Sam Ash, as well as their CFO, David Wienz. The team is going to be reviewing the latest news from Bunker Hill, and after, they're going to be taking questions live. So, as a reminder, if you'd like to participate, please submit your questions using the Q&A panel found on the right-hand side of the screen at any time. And if you'd like to get in touch with the Bunker Hill team, [00:29] Speaker 1: please feel free to fill out the survey that's linked at the top of the chat, again, on the right-hand side of your screen. As always, this event is being recorded and it's gonna be available on demand on six.com in the coming days. So look out for that if you wanna refresh. Without further ado, Sam, I'm gonna pass things over to you. [00:44] Speaker 2: Thank you, Cam. And I'll tell you what, this is a really exciting day for Bunker Hill. [00:50] Speaker 2: As everyone knows on our press release yesterday, [00:53] Speaker 2: we've achieved full project financing. Couldn't be happier with that. And that really lets [00:59] Speaker 2: Bunker Hill [01:00] Speaker 2: move forward and build this mine. It's a real lift off moment for the company and the project. I'm gonna just go over the highlights of the financing and then let Dave, [01:10] Speaker 2: our CFO, dive into the details a little bit. All told, $67 [01:15] Speaker 2: million financing package, $46 million from a stream with a $21 million [01:21] Speaker 2: backstop debt facility. [01:23] Speaker 2: Really what that enables us to do is move the project forward, build this mine, put it into production on a timeline [01:30] Speaker 2: wher...