Bunker Hill Announces Equity Compensation Grants
Bunker Hill Announces Equity Compensation Grants
KELLOGG, Idaho and VANCOUVER, British Columbia, April 10, 2026 -- Bunker Hill Mining Corp. (“ Bunker Hill ” or the
“Company”) (TSX: BNKR) (OTCQB: BHLL) announces that its board of directors (the “ Board”) has approved the grant of an
aggregate of 163,674 restricted stock units (the “RSUs”) to certain directors and officers of the Company 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 April 10, 2027, April 10, 2028, and April 10, 2029, with each RSU vesting into one share of common stock of
the Company (a “Common Share ”) at a deemed price of C$5.60 based on the closing price of the Common Shares on the
Toronto Stock Exchange (the “TSX”) on April 9, 2026.
In addition, the Board approved the grant of incentive stock options to purchase up to an aggregate of 12,402 Common Shares
(the “Options”) to a certain officer of the Company pursuant to the terms of the Company’s amended and restated stock option
plan (the “Stock Option Plan ”). The Options expire on April 10, 2031, and have an exercise price of C$5.60 per underlying
Common Share based on the closing price of the Common Shares on the TSX on April 9, 2026. The Options will vest in one-
third increments on April 10, 2027, April 10, 2028, and April 10, 2029.
Copies of the RSU Plan and the Stock Option Plan are available under the Company’s profile on SEDAR+.
ABOUT BUNKER HILL MINING CORP.
Bunker Hill is an American mineral exploration and development company focused on revitalizing our historic mining asset: the
renowned zinc, lead, and silver deposit in northern Idaho’s prolific Coeur d’Alene mining district (the “Bunker Hill Mine ”). This
strategic initiative aims to breathe new life into a once-productive mine, leveraging modern exploration techniques and
sustainable development practices to unlock the potential of this mineral-rich region. Bunker Hill Mining Corp. aims to
maximize shareholder value while responsibly harnessing the mineral wealth of the Silver Valley mining district by
concentrating our efforts on this single, high-potential asset. Information about the Company is available on its website at
www.bunkerhillmining.com or in the SEDAR+ and EDGAR databases.
On behalf of Bunker Hill
Sam Ash
President, Chief Executive Officer and Director
For additional information, please contact:
Brenda Dayton
Vice President, Investor Relations
T: 604.417.7952
Cautionary Statements
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 expects 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 Mine; and the achievement of future
short-term, medium-term and long-term operational strategies. Forward-looking statements reflect material expectations and
assumptions, including, without limitation, expectations and assumptions relating to: Bunker Hill’s ability to receive sufficient
project financing for the restart and ongoing development of the Bunker Hill Mine on acceptable terms or at all; the future price
of metals; and the stability of the financial and capital markets. 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; 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 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
approvals; 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; and 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, other 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).