Bunker Hill Secures Equity Investments of C$14.9 Million Not for distribution to United States Newswire Services or for dissemination in the United States
TORONTO, April 01, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR; OTCQB: BHLL) is pleased to announce that the Company has closed the private placement of 37,849,325 special warrants (the “Special Warrants”), previously announced on March 9, 2022, and concurrent non-brokered private placement of 1,471,644 units of the Company (the “Non-Brokered Units”) for aggregate gross proceeds of approximately $11,796,297 (the “Offering”). The Special Warrant private placement and concurrent non-brokered private placement are unrelated to the separately announced issuance of 10,416,667 Units to a subsidiary of Teck Resources Limited (“Teck”), priced at C$0.30, as announced in the Company’s news release of March 31, 2022 (the “Teck Issuance”). On a combined basis, including the Offering and assuming the closing of the Teck Issuance, the Company expects to issue a total value of C$14,921,297 in securities of the Company.
Bunker Hill Secures Equity Investments of C$14.9 Million Including Closing of Private Placements for Gross Proceeds of C$11.8 Million and Pending C$3.1 Million Issuance to Teck