[Bunker Hill Finalizes $31 Million in Equity Financing and Debt Restructuring, Advancing Toward 2026 Restart]
June 5, 2025 – Bunker Hill Mining Corp. has successfully closed a total of $31 million in combined equity financings and debt settlements, marking a major step forward in its capital restructuring efforts. The company completed a US$6.2 million brokered private placement and settled approximately US$4.4 million in debt through unit issuance. A concurrent US$20.5 million non-brokered placement was finalized with Teck Resources, making Teck the lead investor in the financing round.
In parallel, Bunker Hill completed its planned debt-to-equity conversions and adjustments to streaming agreements, strengthening its balance sheet and improving financial flexibility. Director Paul Smith has resigned following the closing.
Executive Chairman Richard Williams called the transaction “transformational,” highlighting the strengthened partnerships with Teck and Sprott. CEO Sam Ash confirmed that mine construction is 67% complete, with procurement finalized and ore stockpiling underway. The company remains on track to safely restart operations at the Bunker Hill mine in the first half of 2026.