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Bunker Hill Mining Corp (OTC:BHLL) Stock on Radar Following Key Updates

Jon Williams

Following the announcement of certain key updates from the company yesterday, the Bunker Hill Mining Corp (OTC:BHLL) stock could be one to watch this morning. In light of the announcement, investors could do well to take a closer look at some of the highlights from the news release.

New Share Issuance

As had been announced by Bunker Hill Mining Corp on December 20, the company decided to issue a total of 8,556,194 shares of its common stock. The issuance would enable the full satisfaction of outstanding financing cooperation fees and debenture payment-related payment obligations. It was a significant new announcement from Bunker Hill Mining Corp and one that could bring the stock onto the radars of investors this morning.

Key Details

In the news release, it was also noted that as per the terms of the convertible debentures, the interest shares would be issued by Bunker Hill Mining Corp. for the price of $0.07 an interest share. The price would be determined on the basis of 90% of the 10-day volume-weighted average common share trading price on the TSX Venture Exchange. It may be a good time to add the Bunker Hill Mining Corp stock to your watchlists.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.