Bunker Hill Mining issues 100,499 shares to settle US$268,333 interest due Sept. 30
BHLL•Bunker Hill Mining will issue 100,499 shares to pay US$268,333.34 in interest due Sept. 30, 2026, on its Series 1 and Series 2 secured convertible debentures.
1. Interest payment in shares
The company priced the shares at US$2.67 each, based on 90% of the 10-day VWAP during the Sept. 15–28 pricing period. Sprott managed accounts are to receive 95,713 shares, subject to required regulatory approvals; the Series 1 debentures mature March 31, 2028, and the Series 2 debentures mature March 31, 2029.
