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Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 7,381,441 $ 20,102,596
Restricted cash (note 8) 4,475,000 6,476,000
Asset held for sale (note 5) 40,000
Accounts receivable and prepaid expenses (note 3) 747,910 598,401
Total current assets 12,644,351 27,176,997
Non-current assets    
Spare parts inventory (note 5) 341,004 341,004
Long term deposit 254,106 249,265
Equipment (note 4) 1,472,769 946,661
Right-of-use asset (note 4) 520,026 625,022
Land 309,861
Bunker Hill Mine and mining interests (note 6) 17,838,402 15,198,259
Process plant (note 5) 48,354,054 17,452,470
Total assets 81,734,573 61,989,678
Current liabilities    
Accounts payable (note 16) 12,791,419 1,788,950
Accrued liabilities 1,898,236 1,225,525
Current portion of lease liability (note 7) 27,452 353,526
Deferred share units liability (note 12) 1,012,624 569,327
Environment protection agency cost recovery payable (note 8) 3,000,000 3,000,000
Current portion of stream debenture (note 9) 4,220,081
Interest payable (note 9) 534,998 534,998
Total current liabilities 23,484,810 7,472,326
Non-current liabilities    
Lease liability (note 7) 71,808
Series 1 convertible debenture (note 9) 5,253,730 5,244,757
Series 2 convertible debenture (note 9) 13,329,073 13,458,570
Stream debenture (note 9) 50,331,719 51,138,000
Silver Loan (note 9) 22,851,286
Environment protection agency cost recovery liability, net of discount (note 8) 8,015,513 6,574,140
Deferred tax liability (note 14) 935,028 2,588,590
Derivative warrant liability (note 10) 1,513,387 1,808,649
Total liabilities 125,714,546 88,356,840
Shareholders’ Deficiency    
Preferred shares, $0.000001 par value, 10,000,000 preferred shares authorized; nil preferred shares issued and outstanding (note 10)
Common shares, $0.000001 par value, 1,500,000,000 common shares authorized; 343,752,625 and 322,661,482 common shares issued and outstanding, respectively (note 10) 342 321
Additional paid-in-capital (note 10) 60,351,625 57,848,953
Accumulated other comprehensive income (1,743,430) 808,662
Accumulated deficit (102,588,510) (85,025,098)
Total shareholders’ deficiency (43,979,973) (26,367,162)
Total shareholders’ deficiency and liabilities $ 81,734,573 $ 61,989,678