Bunker Hill completes acquisition of Silver47
BHLL•Bunker Hill completed its acquisition of Silver47 on November 6, 2026. Former Silver47 shareholders received 0.1724 shares each, with 36,325,517 shares issued; they own 43% of the combined company, which has a pro forma basic market capitalization of $158 million.
1. Transaction terms
Bunker Hill completed its acquisition of Silver47 on November 6, 2026. Former Silver47 shareholders received 0.1724 Bunker Hill common shares for each Silver47 share, and 36,325,517 shares were issued. Existing shareholders own approximately 57% of the combined company, while former Silver47 shareholders own 43%.
2. Mine production target
The combined company has a pro forma basic market capitalization of $158 million. Commercial production at the Idaho mine is targeted by the end of 2026, supporting exploration and development across the expanded portfolio.




