Mr. Sam Ash reports

BUNKER HILL ANNOUNCES ELECTION TO ISSUE SHARES IN SATISFACTION OF DEBENTURE INTEREST PAYMENT OBLIGATIONS

Bunker Hill Mining Corp. has elected to issue an aggregate of up to 187,500 shares of common stock of the company to certain holders of 7.5 per cent convertible debentures in satisfaction of the interest payable as of March 31, 2025, under such Series 1 convertible debentures, in the aggregate amount of $18,750 (U.S.). The Series 1 convertible debentures currently mature on March 31, 2028.

In accordance with the terms of the Series 1 convertible debentures, the company will issue the interest shares at a deemed price of 10 U.S. cents per interest share based on 90 per cent of the 10-day volume-weighted average trading price of the common shares on the TSX Venture Exchange for the trading days beginning on March 10, 2025, and ending on March 21, 2025.

The issuance of the interest shares remains subject to the receipt of all regulatory and stock exchange approvals. Once issued, the interest shares will be subject to a four-month-and-one-day hold period from the applicable date of issuance in accordance with applicable Canadian securities laws.

Additional details regarding the Series 1 convertible debentures can be found in the company's news releases dated Dec. 20, 2021, Jan. 31, 2022, June 26, 2023, and Aug. 8, 2024, all of which 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 its historic mining asset: the renowned zinc, silver and lead deposit in northern Idaho's prolific Coeur d'Alene mining district. Its 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.

We seek Safe Harbor.