The facility is now fully drawn, so no further draws are possible. Monitor the company's next quarterly filing for production updates and cash flow from the Bunker Hill Mine to assess debt service capacity.
Price Chart
Executive Summary
Bunker Hill Mining drew the final US$2.0 million under its $10.0 million concentrate prepayment facility with Ocean Partners UK Limited, bringing the total outstanding to the full $10.0 million. Proceeds are earmarked for working capital at the Bunker Hill Mine in Idaho. The facility carries interest at 7.0% plus SOFR, and the company has now fully drawn the facility.
Key Facts
- Third and final draw of US$2.0 million on the Ocean Partners Facility on October 9, 2026
- Aggregate outstanding principal amount is now US$10.0 million (full facility drawn)
- Interest rate: 7.0% per annum plus 3-month SOFR
- Proceeds used for working capital at the Bunker Hill Mine in Idaho
- Facility is a concentrate prepayment agreement dated August 20, 2026
Financial Impact
US$10.0 million total debt outstanding under the facility
Risk Factors
- Full drawdown increases leverage and interest expense
- Interest rate is floating (SOFR + 7.0%), exposing the company to rising rates
- Default interest rate increases by an additional 3.0% per annum
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-047619 |
| Document: 0001493152-26-047619-index-headers.html | 0001493152-26-047619 |
| Document: 0001493152-26-047619-index.html | 0001493152-26-047619 |
| Document: 0001493152-26-047619.txt | 0001493152-26-047619 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $2.13 | awaiting T+5 | — | $2.05 (−3.76%) |
Oct 7, 2026 20d ago | EFFECT | $2.38 $2.28 | ▲ +4.20% | ▲ +3.22% | $2.05 (+13.87%) |
Sep 22, 2026 4w ago | S-3/A | $2.96 $2.59 | ▼ −12.50% | ▼ −11.83% | $2.05 (−30.74%) |
Aug 6, 2026 11w ago | 8-K | $3.54 $3.38 | ▼ −4.38% | ▼ −4.78% | $2.05 (−42.01%) |
Jun 24, 2026 17w ago | S-3 | $3.33 $3.49 | ▼ −4.80% | ▼ −3.38% | $2.05 (+38.44%) |
Mar 24, 2026 31w ago | EFFECT | $4.24 $4.16 | ▼ −1.98% | ▼ −1.56% | $2.05 (−51.65%) |
Mar 11, 2026 32w ago | S-1 | $4.59 $4.01 | ▼ −12.56% | ▼ −11.58% | $2.05 (−55.30%) |
US Market Status
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