The TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's-length amendment to a royalty agreement. Pursuant to the terms of the amending agreement, the company and the company's wholly owned subsidiary, will grant to a non-arm's-length party, a fixed 1.50-per-cent life-of-mine gross revenue royalty (GRR) applying to all claims, including certain additional surface and mineral rights subsequently acquired on the company's Bunker Hill mine located in Idaho, United States. The previous GRR was between 0.35 per cent to 2.00 per cent based on the type of claims and is part of an existing credit facility.

No finder's fee was paid.

For further details, please refer to the company's news releases dated March 6, 2025, May 16, 2025, and June 5, 2025.