Bunker Hill Announces Equity Compensation Grants

KELLOGG, Idaho and VANCOUVER, British Columbia, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR) (OTCQB: BHLL) announces that its board of directors (the “Board”) has approved the grant of an aggregate of 3,980,071 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 October 14, 2025, June 30, 2026 and June 30, 2027, with each RSU vesting into one share of common stock of the Company (a “Common Share”) at a deemed price of C$0.215 based on the closing price of the Common Shares on the TSX Venture Exchange (the “TSX-V”) on October 10, 2025.

In addition, the Board approved the grant of incentive stock options to purchase up to an aggregate of 626,593 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 October 14, 2030 and have an exercise price of C$0.215 per underlying Common Share based on the closing price of the Common Shares on the TSXV on October 10, 2025. The Options vest in traches over a period of 3-years from the grant date, of which 310,624 Options vest on October 14, 2026, 157,984 Options vest on June 30, 2027 and 157,985 Options vest on June 30, 2028.

Copies of the RSU Plan and the Stock Option Plan are 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.

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
E: [e-mail]

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.