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BNKR.TO ·

Bunker Hill Effects Share Consolidation

Corporate Actions

BUNKER HILL EFFECTS SHARE CONSOLIDATION

TORONTO, ON, May 17, 2019 – Bunker Hill Mining Corporation (the “Company” or “Bunker”) (CSE:BNKR)

announces a consolidation of its issued and outstanding share capital on the basis of one (1) post-

consolidation share for each ten (10) pre- consolidation common shares (the “Consolidation”). Any fraction

of a share will be rounded up to the nearest whole number. The shares will begin trading on a consolidated

basis and with a new CUSIP number on May 23, 2019.

As a r esult of the Consolidation, the outstanding sha res of the Company wil l be reduced to approximately

4,151,396.

Over the past year Bunker Hill has conducted smaller financings each at low prices, effectively to maintain its

existence and property holdings. At our current share price and with current market conditions we do not

believe that continued financing at low share prices will allow us to achieve the objectives of our corporate

strategy to develop the Bunker Hill project. We want to ensure we are in a position to raise sufficient levels

of funding at reasonable dilution levels to support robust development programs where there is potential to

create value within reasonable timeframes. In addition, management of the Company believes that the

proposed share consolidation will position the Company to gain greater exposure to investors that are not

willing to trade equity stocks below a certain threshold. Management believes the share consolidation will

increase its liquidity.

The Company will not be changing its name and trading symbol in connection with the Consolidation.

Trading on a Consolidated Basis: May 23, 2019

Record Date: May 24, 2019

New CUSIP: 120613 203

New ISIN: US1206132037

About Bunker Hill Mining Corp.

Bunker Hill Mining Corp. has an option to acquire 100% of the Bunker Hill Mine. Information about the

Company is available on its website, www.bunkerhillmining.com, or in the SEDAR and EDGAR databases.

For additional information contact:

John Ryan, Interim Chief Executive Officer

+1.201.509.3797

Marketing and Communications

(416) 477-7777 ext. 205

[email protected]

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 Securities Act of 1933, as amended,

and Section 21E of th e 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. The forward looking statements made herein are based on information currently available to the

Company and the Company provides no assurance that actual results will meet management's expectations or

assumptions with respect to, among other things, the ability of the Company to succe ssfully complete the acquisition of

the Bunker Hill Mine Complex on the terms as announced or other satisfactory terms or at all, and fund the initial

payments for which the Company does not have funds at this time, the Company’s present and future financial condition,

the Company’s ability to secure financing, and the state of financial markets. Forward -looking statements include

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

that the C ompany 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”, or “plan”,

and may include statements regarding, among other things, the terms of the Bunker Hill Mine Complex acquisition and

funding of the acquisition. Since forward -looking statements are based on assumptions and address future events and

conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other

things, results of exploration, project development, and the Company’s financial condition and prospects, could differ

materially from those currently anticipated in such statements for many reasons such as: the inability of the Company

to successfully acquire the Bunker Hill Mine Complex on the terms as announced or other satisfactory terms or at all, and

fund the payments for which the Company does not have funds at this time; the inability of the Company to budget and

manage its liquidity in light of the failure to obtain additional financing; the inability of the Company to develop or sustain

an active public market for its securities; development of changes in general economic conditions a nd conditions in the

financial markets; changes in demand and prices for precious metals; litigation, legislative, environmental and other

judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the

activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that

may affect any of the Company’s forward -looking statements. These and other factors made in public disclosures and

filings by the Company should be considered carefully and readers should not place undue reliance on the Company’s

forward-looking statements. The Company does not undertake to update any forward -looking statement that may be

made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.