Bunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations & Financing Cooperation Fee
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Bunker Hill Mining Corp. has decided to issue 7,392,859 shares to satisfy interest payments on its convertible debentures, totaling $517,500. This move impacts the company's stock structure and may influence its stock price.
December 21, 2024 | 12:30 am
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Bunker Hill Mining Corp. is issuing 7,392,859 shares to satisfy interest payments on its convertible debentures, which may affect the stock price due to dilution.
The issuance of new shares to satisfy interest payments will dilute existing shareholders' equity, potentially leading to a decrease in stock price. The move is significant as it directly affects the company's capital structure and market perception.
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