The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I don't post on this board much but have held for a couple of years and like many have just sat tight this month but it's interesting when we have these spikes to see the over enthused posters that have never been seen on this board before and after today will never be seen again, or is it just me!!
Bunker Hill Mining Announces Effectiveness Of Form S-1 Resale Registration Statement, And Voluntary Lock-up Agreements And Warrant Amendments With Early Shareholders
TORONTO, ON, December 28, 2020 – Bunker Hill Mining Corporation (the “Company”) (CSE: BNKR) announces that on December 28, 2020, the United States Securities and Exchange Commission (“SEC”) declared effective the Company’s registration statement on Form S-1 (the “Registration Statement”) relating to resale by certain securityholders of the Company named in the Registration Statement of up to 166,114,748 common shares in the capital the Company previously issued by the Company and issuable by the Company upon the exercise of Common Share purchase warrants previously issued by the Company (the Common Shares so previously issued and issuable and qualified by the Registration Statement, the “Securities”).
Concurrent with this declaration, the Company is pleased to announce that early-stage strategic investors have entered into voluntary lock up agreements pursuant to which they will not sell, transfer or pledge any of the Bunker Hill shares acquired in the 2019 recapitalization. This represents approximately 35M shares or 24.5% of the issued share capital of the Company.
Sam Ash, the Company’s Chief Executive Officer, stated:
“These voluntary lock-up agreements demonstrate the confidence that these early investors have in the Company’s new management team, our silver-focused strategy and align fully their interests with those new investment partners that joined us this August.”
Was expecting far worse than a 5% drop (at the moment) and maybe it is still to drop further but like you say TBTT a shrug of the shoulders in reality. Toughest year ever for many different types of companies around the world, look at the retail news only yesterday, and then compare the future this company has which is pretty damned impressive.
How do you know they aren't? So many people claim to have bought and sold at exactly the right time and it's probably just b*llsh*t because those that do don't need to come on here and talk about it, they've done it and moved on but so many Johnny Hindsights on all these boards.
Gold around the $1,880 mark, seems to have settled back there now. A few months ago we would have killed for anything above $1,750!! Going to be an interesting next few months and not just in relation to baby Donald!
Bunker Hill Mining Corporation (the “Company”) (CSE: BNKR) is pleased to report that it has applied to list its shares on the TSX Venture Exchange (“TSX-V”) as a Tier 1 issuer.
Sam Ash, CEO of Bunker Hill Mining, stated:
“We believe that a TSX Venture listing will provide us with improved access to capital markets as we focus on generating shareholder value by unlocking the high-grade silver potential of the Bunker Hill mine. We look forward to enhancing our capital markets profile by increasing our investor relations efforts and achieving our strategic objectives”.
“Tremendous Untapped Silver Potential” at Historic Idaho Mine
Toronto, ON-based Bunker Hill Mining Corp. (BNKR) (CSE.BNKR, OTC: BHLL, Forum) is sending all the signs that it is positioned to be the next great silver mining story out of the prolific Silver Valley in Idaho. Just read the releases. Within the last six months the former COO of Barrick Gold, Richard Williams, did his research and due diligence and decided to take over. Mr. Williams then brought along with him several other hand-picked top Barrick Gold executives, including their most talented mine operator, Sam Ash.
This “Dream Team” created an aggressive new plan to “Pivot to Silver at the Bunker” and have recently closed a C$20.4 Million oversubscribed brokered private placement deal lead by Sprott Asset Management – a global leader in precious metals investments. The new team has recently begun initial drilling, and have just started releasing some very promising results. And most importantly, they are finally ready to start telling their story. Do we have your attention? Great!
Bunker Hill is a historically significant mine poised for a second profitable and environmentally-sustainable life. Before closing in 1981, it produced 35 million tons of ore in silver-lead and zinc concentrates with an average grade of 8.76% lead, 3.67% zinc, and 5.49 oz/t silver. In turn, this created a total of 165 million ounces of silver over the course of 95 years.
Fast-forward to today and there’s definitive scientific basis behind the old maxim that “the best place to find a new mine is in the shadow of an old mine.”
It was named after one of Colonial America’s earliest and most famous battles fought against the British in 1775. One-hundred years later, silver mining operations commenced in Northern Idaho’s prolific Silver Valley along with the production of zinc and lead via its electrolytic zinc processing plant and lead smelter. Between 1887 and 1981 Bunker Hill was one of the most productive mines in America, yielding almost 10 million tonnes of zinc, lead, and silver, before closing in 1981.
Now, its namesake lives on with the arrival in 2020 of an exciting new team led by Sam Ash – one of Barrick Gold’s young engineering champions and former EGM of the Lumwana Copper mine. Living alongside the mine – where his father worked as an engineer in the 1970s – he intends to verify, explore, and develop the mine’s still untapped higher-grade silver potential using the most modern analytical, exploration, mining, and processing techniques.
Led by Former Barrick Gold COO Richard Williams, Bunker Hill Mining has emerged as a forward-thinking Company that is definitely not living in the past. On October 22, 2019, the company signed an amended lease agreement with an option to purchase the mine. Following the deal the company has continued to raise money, closing several private placements , most recently in August 2020 and is now deploying USD$20 million in working capital to design t
Never understood why it takes so long following the end of the quarter but for some reason they put lots of other info into the normal quarterly RNS that I believe delays it unnecessarily, such as drilling data which could be released at other times. Hopefully it is this week!