Bunker Hill Mining enters US$10 million concentrate prepayment facility with Ocean Partners UK
Reuters2026/08/26 09:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Bunker Hill Mining signed a concentrate prepayment facility with Ocean Partners UK on Aug. 20, 2026, for up to US$10 million.
- Borrowings available for three months from the first draw, in minimum US$1 million increments, funded within three business days of requests.
- Interest set at 7% plus three-month SOFR, paid monthly; default rate adds 3%.
- Matures six months from first draw; principal repaid 20% month four, 20% month five, 60% month six.
- Repayment allowed in cash or via concentrates under the assigned Teck lead concentrate offtake; proceeds earmarked for Idaho mine working capital.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bunker Hill Mining Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040051), on August 25, 2026, and is solely responsible for the information contained therein.
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