Mergers & Acquisitions ·
Bunker Hill Mining Corp. entered into a definitive Arrangement Agreement with Silver47 Exploration Corp. to acquire…
BHLLBunker Hill Mining Corp.
Bunker Hill Mining Corp. entered into a definitive Arrangement Agreement with Silver47 Exploration Corp. to acquire all outstanding common shares of Silver47 via a plan of arrangement under British Columbia law. Silver47 shareholders will receive 0.1724 Bunker Hill shares for each Silver47 share, implying an aggregate equity value of approximately US$163 million and representing roughly 43% ownership in the combined entity. The transaction requires approvals from both companies' shareholders by November 15, 2026, as well as court and regulatory consent. Concurrently, Bunker Hill secured a US$10 million concentrate prepayment facility with Ocean Partners and drew US$1 million from its Teck Resources standby facility to support operations. Galen McNamara will serve as President and Chief Investment Officer of the combined company, which intends to change its name to Bunker Hill Silver Corp. The company operates in the mining industry, focusing on silver, lead, and zinc exploration and production.