Bunker Hill Mining (TSE:BNKR) has released an update.
Bunker Hill Mining Corp. has secured a non-binding financing agreement with Monetary Metals & Co. for a silver loan up to 1.2 million ounces, aimed at funding the restart and development of the Bunker Hill Mine. The three-year loan, bearing 15% interest payable in silver, is contingent on several conditions including TSX Venture Exchange approval and satisfactory due diligence. Additionally, the company will issue bonus share purchase warrants to Monetary Metals as part of the loan consideration.
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