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How Dan blow 2.1 Million US$ investing in Bunker Hill Mining in 2018!

https://www.bunkerhillmining.com/search/index.php

OCT 8, 2020

Bunker Hill Announces Debt Settlement With Hummingbird Resources

...to announce that it has reached an agreement with Hummingbird Resources PLC (“Hummingbird”) to settle its US$2,100,000 outstanding convertible loan (see Company's news releases of June 19,...

AUG 9, 2018

Bunker Hill Increases Private Placement With Two Key Investors

...stly, the investment by an arm's length investor (Hummingbird Resources PLC (“Hummingbird”) announced June 19, 2018 will increase from USD$1,500,000 ("Initial Amount") to USD$2,000,000 ("P...

JUN 24, 2019

Bunker Announces Up to $1,500,000 Non-Brokered Private Placement & Extension of Unsecured Loan Facility

...the same terms. The Company also announces that Hummingbird Resources PLC has extended the date of the US$2.0 million convertible loan from June 13, 2019 to June 30, 2020, and that it will subscribe...

AUG 13, 2018

Bunker Hill Closes Private Placement With Two Key Investors

...s of the Amended and Restated Loan Agreement with Hummingbird Resources PLC (“Hummingbird”) having a principal amount of USD$2,000,000 and bearing interest at 10%, maturing June 13, 2019, ...

DEC 29, 2020

Bunker Hill Mining Announces Effectiveness of Form S-1 Resale Registration Statement, and Voluntary Lock-Up Agreements and Warrant Amendments With Early Shareholders

... The lock-up includes shares held by Hummingbird Resources (AIM: HUM) as well as management and advisors and is in effect until December 31, 2021. In addition, the term of the common shar...

AUG 9, 2018

Bunker Hill Increases Private Placement With Two Key Investors

...the investment by an arm’s length investor (Hummingbird Resources PLC (“Hummingbird”) announced June 19, 2018 will increase from USD$1,500,000 ("Initial Amount") to USD$2,0...

DEC 28, 2020

Bunker Hill Mining Announces Effectiveness of Form S-1 Resale Registration Statement, and Voluntary Lock-up Agreements and Warrant Amendments With Early Shareholders

...Amendments The lock-up includes shares held by Hummingbird Resources (AIM: HUM) as well as management and advisors and is in effect until December 31, 2021. In addition, the term of the common shar...

JUN 28, 2019

Bunker Announces Closing Of First Tranche Of Up To $1,500,000 Non-Brokered Private Placement

... Warning Reports As part of the First Tranche, Hummingbird Resources PLC (“Hummingbird”) has acquired, 2,660,000 Units and Mr. Sebastian Marr (“Marr”) has acquired 8,000,000...

Here is another fine mess he got us into....

Hummingbird settles more than US$10M claim against Taurus for US$2.5M

https://www.spglobal.com/marketintelligence/en/news-insights/trending/1uzvfb9Sl4rSZvGL25t2Og2

Shanta Gold Applies for the Cancellation of the Admission to Trading of its Shares on the London Stock Exchange's AIM Market and Expects to Take Place on 13 May 2024

On 20 December 2023, the boards of directors of Shanta Gold Limited (‘Shanta’) and Saturn Resources Ltd. (‘Bidco’), a wholly-owned subsidiary of ETC Holdings (Mauritius) Limited (‘ETC Holdings’), made an announcement pursuant to Rule 2.7 of the Code (the ‘Rule 2.7 Announcement’) that they had reached agreement on the terms and conditions of a recommended cash acquisition, pursuant to which Bidco will acquire the entire issued, and to be issued, share capital of Shanta not already owned by any member of the Bidco Group (the ‘Acquisition’). It is intended that the Acquisition will be implemented by way of a Court-sanctioned scheme of arrangement (the ‘Scheme’) under Part VIII of Companies (Guernsey) Law, 2008, as amended (the ‘Companies Law’). On 19 March 2024, board of directors of Bidco announced that it had reached an agreement with the Independent Shanta Directors on the terms of a recommended increased and final cash offer by Bidco for the entire issued, and to be issued, share capital of Shanta not already owned by any member of the Bidco Group (the ‘Increased and Final Offer’). On 4 April 2024, the board of directors of Shanta announced that at a Court Meeting of Voting Scheme Shareholders and General Meeting of Shanta Shareholders held on the same date as the announcement, the necessary resolutions had been duly passed to implement the recommended Increased and Final Offer. On 24 April 2024, the board of directors of Shanta announced that it intended to seek the Court's sanction of the Scheme on 8 May 2024 (‘Scheme Court Hearing’). Shanta announced that following the Scheme Court Hearing held earlier May 8, 2024, the Court has on May 8, 2024 issued a Court Order sanctioning the Scheme pursuant to which the Acquisition is being implemented. Pursuant to the Court Order the Scheme will become effective on delivery of the Court Order to the Guernsey Registry which is expected to occur on 10 May 2024. Next Steps: Shanta confirms that the Scheme Record Time will be 6.00 p.m. on 9 May 2024. Applications have been made for the suspension of admission to trading in Shanta Shares on the London Stock Exchange's AIM Market (‘AIM’) and such suspension is expected to take effect from 7.30 a.m. (London time) on 10 May 2024. The cancellation of the admission to trading of Shanta Shares on AIM has been applied for and is expected, subject to the Scheme becoming effective, to take place by 7.00 a.m. (London time) on 13 May 2024.

Corica Mining Services ("Corica") - Suspension of Mining Services for Hummingbird Resources PLC at Kouroussa Gold Mine

ABIDJAN, Côte d’Ivoire

Corica has been engaged by Hummingbird Resources PLC ("Company") to perform mining services at Kouroussa Gold Mine in Guinea ("Kouroussa"). Mining operations commenced on or about 15 September 2022. The Company has subsequently failed to make payments to Corica for mining services performed and has also failed to provide a Company Deed of Guarantee, the provision of which is an express term of the Contract.

On 17 March 2024, by formal notice to the Company, Corica elected to suspend all works under contract at Kouroussa due to the Company's substantial breaches under the Contract, which pertain to:

non-payment of invoices totalling approximately USD $27 million for work completed, and

a failure by the Company to procure and provide a Deed of Company Guarantee.

Each of these substantial breaches of the Contract gives rise to a separate and express right for Corica to suspend work at Kouroussa.

Corica assures that this measure remains conditional and reversible. Corica has over two decades of history in contracting with major clients and is proud to have had zero litigation to this date.

Corica's recommencement of works is conditional on the Company, within 28 days of the date of the notice, making payment of monies owing to Corica and providing Corica with a Company Deed of Guarantee.

About Corica

Corica is the African-owned full-service mining services company operating to global standards. Corica employs more than 4,000 people in eight countries across Africa. The company has major contracts with international resources companies. The Corica method of contract mining is about more than machines; it’s about bringing people together. Corica has the people, local relationships, fleet and the international standards needed to mine successfully in Africa. The company is committed to providing a better future for Africans.

www.corica.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240320318420/en/

Media enquiries - Camarco

Gordon Poole / Elfie Kent

corica@camarco.co.uk

+44 (0)20 3757 4980

https://www.afp.com/en/news/1314/corica-mining-services-corica-suspension-mining-services-hummingbird-resources-plc-kouroussa-gold-mine-202403203184201

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