Debt management is a major aspect of any growing company, and hence, the announcement from Bunker Hill Mining Corp (OTC: BHLL) may bring it into close attention of investors this morning. On Thursday, the company announced that it had opted for a major capital restructuring operation. In this feature, we are going to take a closer look into what it will entail.
Key Details
In the news release yesterday, Bunker Hill Mining Corp announced that the debt restructuring operations would involve Sprott Streaming and Royalty, Tech Resources Limited, and Monetary Metals Bond III. The move had been planned for the purpose of ensuring the Bunker Hill Mine remained on schedule for operations and commissioning in the second half of 2025 and total production in the first half of 2026. As a result of the transaction, some of the outstanding debt would be converted to equity.
Further Information
Such a move would also result in the modification pertaining to some of the existing stream financing and royalty arrangements of the company. The company described that there was optimism about the fact that such a transformative deal had been agreed upon with three key strategic investors in Bunker Hill.
CEO Quote
“Working with our strategic investors, Teck, Sprott Streaming, and Monetary Metals, the company is pleased to announce this transformational deal, which not only enables the project restart but also critically strengthens our balance sheet for the long-term benefit of all Bunker Hill stakeholders,” said Sam Ash, President & CEO. “This Teck-led investment helps to further strengthen and de-risk American metal supply chains while creating new American mining jobs in the Silver Valley, Idaho, at a critical time.”
Technicals
| +/- EMA(20) | 0.14 (-21.43%) |
| +/- SMA(50) | 0.13 (-15.38%) |
| +/- SMA(200) | 0.12 (-8.33%) |
| 5-Day Perf. | -22.21% |
| 1-Month Perf. | -0.9% |
| 3-Month Perf. | +22.36% |
| 6-Month Perf. | – |
| YTD Perf. | -2.22% |
| 1-Year Perf. | +28.81% |
| RSI(14) | 35 |
| ATR(14) | 0.02 |
| ADX(14) | 32.19 |
| Beta (5Y) | 0.30 |
