Bunker Hill to buy Silver47 at 38% premium, forming US silver player

What's the deal? Bunker Hill MiningDealroom has a profile for this one. Try Dealroom → has agreed to acquire all outstanding shares of Silver47 ExplorationDealroom has a profile for this one. Try Dealroom → in an all-share merger, creating a combined company called Bunker Hill Silver Corp. Silver47 shareholders will receive a 38% premium.

What changes? The combination brings together the operational Bunker Hill Mine and Silver47's exploration projects in Alaska, Nevada and New Mexico. The combined firm aims to ramp production to more than 5 million ounces of silver equivalent annually and target commercial production by late 2026.

Read more: Pluang

Image credit: James St. John