Debt Settlement. The Borrower hereby agrees to issue an aggregate of 59,047,619 shares of common stock of the Company (the “Sprott Tranche I Shares”) to the Lenders, and the Lenders hereby agree to accept the Sprott Tranche I Shares at a deemed price of US$0.105 per Sprott Tranche I Share in full and complete settlement and satisfaction of the Settled Amount, in accordance with the registration details set out in Schedule “A” attached hereto.
Appears in 2 contracts
Sources: Debt Settlement Agreement (Bunker Hill Mining Corp.), Debt Settlement Agreement (Bunker Hill Mining Corp.)