Mr. Sam Ash reports

BUNKER HILL ANNOUNCES INCREASE TO THE PREVIOUSLY ANNOUNCED PROMISSORY NOTE TO ENSURE SUFFICIENT LIQUIDITY AS IT CONTINUES TOWARD CLOSING ITS PRIVATE PLACEMENTS AND MAJOR CAPITAL RESTRUCTURING

Bunker Hill Mining Corp. and Teck Resources Ltd. have agreed to amend and restate the unsecured promissory note previously provided by Teck to increase the maximum aggregate principal amount thereunder from $3.4-million (U.S.) to $4.4-million (U.S.) (as amended and restated). The promissory note ensures sufficient short-term financing until the previously announced brokered and non-brokered private placements close, and bears interest at a rate of 12 per cent per annum, with such interest being capitalized and added to the principal amount outstanding monthly under the promissory note. The promissory note is available in multiple advances, at the discretion of Teck, and is payable by the company in cash on demand from Teck. No bonus securities of the company will be issued to Teck in connection with the promissory note, nor is the promissory note convertible into securities of the company.

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, lead and silver deposit in northern Idaho's prolific Coeur d'Alene mining district. 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 aims to maximize shareholder value while responsibly harnessing the mineral wealth in the Silver Valley mining district by concentrating its efforts on this single, high-potential asset.

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