Bunker Hill Announces Equity Compensation Grants
BUNKER HILL ANNOUNCES EQUITY COMPENSATION GRANTS
TORONTO, ONT., March 12, 2024 – Bunker Hill Mining Corp. (“ Bunker Hill” or the “ Company”) (TSX-V: BNKR)
(OTCQB: BH LL) announces that its board of directors has approved the grant of an aggregate of 5,936,737
restricted stock units (the “ RSUs”) to certain directors and officers of the Company, including its Executive
Chairman, Chief Executive Officer , and Chief Financial Officer , respectively, pursuant to the terms of the
Company’s amended and restated restricted stock unit incentive plan (the “RSU Plan”). The RSUs will vest in one-
third increments on March 13 of 2025, 2026 and 2027 into one share of common stock of the Company ( a
“Common Share”) at a deemed price of C$ 0.11 based on the closing price of the Common Shares on the TSX
Venture Exchange (the “TSX-V”) on March 12, 2024.
A copy of the RSU Plan is available under the Company’s profile on SEDAR+.
ABOUT BUNKER HILL MINING CORP.
Under new Idaho-based leadership, Bunker Hill intends to sustainably restart and develop the Bunker Hill Mine as
the first step in consolidating and then optimizing a number of mining assets into a high -value portfolio of
operations, centered initially in North America. Information about the Company is available on its website,
www.bunkerhillmining.com, or within the SEDAR+ and EDGAR databases.
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 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 regardin g the
Company’s objectives, goals or future plans, including the restart and development of the Bunker Hill Mine , and
the achievement of future short-term, medium-term and long-term operational strategies.
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 feasibility study of mineral reserves demonstrating economic and technical viability, resulting in
increased uncertainty due t o 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 approvals; political risks; changes in equity markets;
uncertainties relating to the availability and costs of financing nee ded 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 B unker Hill Mine
complex; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of
projects; and capital, operating and reclamation costs varying significantly from estimates and the other risks
involved in the mi neral 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 infor mation, 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, other than as
required by law. No stock exchange, securities commission or other reg ulatory 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 information for m or annual report and may be accessed through the SEDAR + website
(www.sedarplus.ca) or through EDGAR on the SEC website (www.sec.gov), respectively.
For additional information contact:
Sam Ash
President and Chief Executive Officer
+1 208 627-7586