Bullboard - Stock Discussion Forum Bunker Hill Mining Corp V.BNKR

Alternate Symbol(s): BHLL

Metals & Mining Industrial Metals & Minerals

Bunker Hill Mining Corp. is a Canada-based company, which is engaged in mineral exploration activities. The Company’s Bunker Hill lead-silver-zinc mine is located in the cities of Kellogg and Wardner of Shoshone County, Idaho, within the prolific Coeur d’Alene silver district in Idaho, alongside operating mine. It also has a joint venture to explore the London mining district.

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TSXV:BNKR - Post Discussion

Bunker Hill Mining Corp > PP now closed, Insiders participated, onwards we go!

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Post by Dunworkin2 on Feb 24, 2021 7:30am

PP now closed, Insiders participated, onwards we go!

TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corporation (the “Company”) (CSE: BNKR) is pleased to announce that it has closed the non-brokered private placement of 19,994,080 units of the Company (“Units”) at $0.40 per Unit for gross proceeds of approximately C$8,000,000 (the “Offering”) that was previously announced in the Company’s February 1, 2021 and February 2, 2021 news releases.

Each Unit consists of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to acquire one Common Share at a price of C$0.60 per Common Share for a period of five years. The Units and securities underlying them will be subject to a customary four month and a day hold period in accordance with applicable Canadian securities laws and to a concurrent six month hold period in accordance with applicable U.S. securities laws.

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