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Two Blokes Jun 27 -
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KELLOGG, Idaho and VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSXV:BNKR | OTCQB:BHLL) announces that it has elected to issue an aggregate of 15,378,473 shares of common stock of the Company (the “Interest Shares”) in full satisfaction of the interest payable as of June 30, 2025 under certain debt instruments (collectively, the “Interest Payments”), including (i) an aggregate of 1,291,667 Interest Shares to certain holders of 5.0% Series 1 secured convertible debentures (the “Series 1 Debentures”) for the aggregate interest of US$103,333.33 owing thereunder, (ii) an aggregate of 4,260,417 Interest Shares to certain holders of 5.0% Series 2 secured convertible debentures (the “Series 2 Debentures”) for the aggregate interest of US$340,833.33 owing thereunder, and (iii) an aggregate of 9,826,389 Interest Shares to the lenders under a 10% loan facility (the “Loan Facility” and, together with the Series 1 Debentures and the Series 2 Debentures, the “Debt Instruments”) for the aggregate interest of US$786,111.11 owing thereunder in connection with advances to the Company. The Series 1 Debentures and Series 2 Debentures mature on March 31, 2028 and March 31, 2029, respectively. The Loan Facility matures on June 30, 2030.
