TORONTO, March 22, 2024 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR; OTCQB: BHLL) announces that it has elected to issue an aggregate of 6,398,439 shares of common stock of the Company (the “Interest Shares”) to certain holders of 7.5% convertible debentures (the “Series 1 Convertible Debentures”) and 10.5% convertible debentures (the “Series 2 Convertible Debentures” and, together with the Series 1 Convertible Debentures, the “Convertible Debentures”) in full satisfaction of the interest payable thereunder as of March 31, 2024 in the aggregate amount of USD$511,875.00 (the “Interest Payment”). The Convertible Debentures mature on March 31, 2026.
In accordance with the terms of the Convertible Debentures, the Company will issue the Interest Shares at a price of USD$0.08 per Interest Share based on 90% of the 10-day volume weighted average trading price of the…
