Mergers & Acquisitions ·
Bunker Hill shareholders approve merger with Silver47; draws $20M in facility financing
BHLLBunker Hill Mining Corp.
Bunker Hill Mining Corp. stockholders approved a strategic business combination with Silver47 Exploration Corp., including amendments to increase authorized shares and the issuance of up to 51,965,961 new shares. The transaction is expected to close around November 5, 2026, subject to court and exchange approvals. Concurrently, the company drew down $10 million from its Ocean Partners concentrate prepayment facility and the remaining $2 million from its Teck standby facility, bringing total proceeds to $20 million to support ramp-up toward commercial production by end of Q4 2026. Bunker Hill Mining Corp. is a U.S.-based exploration and development company focused on restarting the historic Bunker Hill Mine in Idaho.