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Bunker Hill Announces Engagement of Independent Trading Group as Market Maker

Marketing Announcement

BUNKER HILL ANNOUNCES ENGAGEMENT OF INDEPENDENT TRADING

GROUP AS MARKET MAKER

KELLOGG, IDAHO, USA | VANCOUVER, BRITISH COLUMBIA, CANADA – February 5, 2026 – Bunker Hill Mining Corp.

(“Bunker Hill” or the “Company”) (TSX-V:BNKR; OTCQB:BHLL) announces that, subject to regulatory approval, it

has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance

with TSX Venture Exchange (“TSXV”) policies . ITG will trade shares of the Company on the TSXV and all other

trading venues with the objective of maintaining a reasonable market and improving the liquidity of the

Company's common shares.

Under the agreement, ITG will receive compensation of CAD $6,500 per month, payable in advance. The

agreement is for an initial term of one month and will renew for additional one -month terms unless terminated.

The agreement may be terminated by either par ty with 30 days' notice. There are no performance factors

contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the Company

are unrelated and unaffiliated entities, and at the time of the agreement, neither ITG nor its principals ha d any

interest, directly or indirectly, in the Company's securities.

About Independent Trading Group

Independent Trading Group (ITG) Inc. is a Toronto -based CIRO dealer -member specializing in market making,

liquidity provision, agency execution, ultra -low-latency connectivity, and bespoke algorithmic trading

solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own

proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public

issuers and institutional investors.

About Bunker Hill Mining Corp.

Bunker Hill Mining Corp. is a US -based mineral exploration and development company advancing the restart of

the historic Bunker Hill Mine, a past-producing zinc, lead, and silver asset located in northern Idaho’s prolific Coeur

d’Alene Mining District. One of the most storied base and precious metals areas in North America, the Silver Valley

has a long history of production and established infrastructure. The Company is focused on unlocking the

remaining value of this high -quality brownfield asset through m odern exploration, disciplined project

development, and responsible mining practices. With a singular strategic focus on Bunker Hill, the Company is

positioned to maximize shareholder value while revitalizing a cornerstone asset in a premier American mining

jurisdiction.

Additional information about Bunker Hill Mining Corp. is available at www.bunkerhillmining.com or through the

Company’s filings on SEDAR+ and EDGAR.

On behalf of Bunker Hill Mining Corp.

Sam Ash

President and Chief Executive Officer

For additional information, please contact:

Brenda Dayton

Vice President, Investor Relations

T: 604.417.7952

E: [email protected]

Cautionary Statements

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V)

accepts responsibility for the adequacy or accuracy of this news release.

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such

forward-looking statements are within the meaning of that term in Section 27A of the U.S. Securities Act of 1933,

as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the

meaning of the phrase ‘forward -looking information’ in the Canadian Securities Administrators’ National

Instrument 51 -102 – Continuous Disclosure Obligations (collectively, “ forward-looking statements”). Forward -

looking statements are not comprised of historical facts. Forward -looking statements include estimates and

statements that describe the Company’s future plans, objectives or goals, including words to the effect that the

Company or management ex pects a stated condition or result to occur. Forward -looking statements may be

identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”,

“plan” or variations of such words and phrases.

Forward-looking statements in this news release include, but are not limited to, statements regarding : the

Company’s objectives, goals or future plans, including the restart and development of the Bunker Hill Min e; the

achievement of future short -term, medium -term and long -term operational strategies ; and ITG maintaining a

reasonable market and improving the liquidity of the Company's common shares. Factors that could cause actual

results to differ materially from such forward -looking statements include, but are not limited to, those risks and

uncertainties identified in public filings made by Bunker Hill with the U.S. Securities and Exchange Commission (the

“SEC”) and with applicable Canadian securities regulatory authorities, and the following: the Company’s inability

to raise additional capital for project activities, including through equity financings, concentrate offtake financings

or otherwise; the fluctuating price of commodities; capital market conditions; restrictions on labor and its effects

on international travel and supply chains; failure to identify mineral resources; failure to convert estimated mineral

resources to reserves; the preliminary nature of metallurgical test results; the Company’s ability to restart and

develop the Bunker Hill Mine and the risks of not basing a production decision on a feasibil ity study of mineral

reserves demonstrating economic and technical viability, resulting in increased uncertainty due to multiple

technical and economic risks of failure which are associated with this production decision including, among others,

areas that are analyzed in more detail in a feasibility study, such as applying economic analysis to resources and

reserves, more detailed metallurgy and a number of specialized studies in areas such as mining and recovery

methods, market analysis, and environmental and community impacts and, as a result, there may be an increased

uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including

increased risks associated with developing a commercially mineable deposit, with no guarantee that production

will begin as anticipated or at all or that anticipated production costs will be achieved; failure to commence

production would have a material adverse impact on the Company ’s ability to generate revenue and cash flow to

fund operations; failure to achieve the anticipated production costs would have a material adverse impact on the

Company's cash flow and future profitability; delays in obtaining or failures to obtain required governmental,

environmental or other project approv als; political risks; changes in equity markets; uncertainties relating to the

availability and costs of financing needed in the future; the inability of the Company to budget and manage its

liquidity in light of the failure to obtain additional financing, including the ability of the Company to complete the

payments pursuant to the terms of the agreement to acquire the Bunker Hill Mine complex; inflation; changes in

exchange rates; fluctuations in commodity prices; delays in the development of projects; an d capital, operating

and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration

and development industry. Although the Company believes that the assumptions and factors used in preparing the

forward-looking statements in this news release are reasonable, undue reliance should not be placed on such

statements or information, which only applies as of the date of this news release, and no assurance can be given

that such events will occur in the disclosed time frames or at all, including as to whether or when the Company will

achieve its project finance initiatives, or as to the actual size or terms of those financing initiatives. The Company

disclaims any intention or obligation to update or revise any forward -looking information, whether as a result of

new information, future events or otherwise, othe r than as required by law. No stock exchange, securities

commission or other regulatory authority has approved or disapproved the information contained herein.

Readers are cautioned that the foregoing risks and uncertainties are not exhaustive. Additional information on

these and other risk factors that could affect the Company’s operations or financial results are included in the

Company’s annual report and may be accessed through the SEDAR+ website ( www.sedarplus.ca) or through

EDGAR on the SEC website (www.sec.gov).