Mr. Sam Ash reports

BUNKER HILL ANNOUNCES EQUITY COMPENSATION GRANTS

Bunker Hill Mining Corp.'s board of directors has approved the grant of an aggregate of 163,674 restricted stock units 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 RSUs will vest in one-third increments on April 10, 2027, April 10, 2028, and April 10, 2029, with each RSU vesting into one share of common stock of the company at a deemed price of $5.60 based on the closing price of the common shares on the Toronto Stock Exchange on April 9, 2026.

In addition, the board approved the grant of incentive stock options to purchase up to an aggregate of 12,402 common shares to a certain officer of the company pursuant to the terms of the company's amended and restated stock option plan. The options expire on April 10, 2031, and have an exercise price of $5.60 per underlying common share based on the closing price of the common shares on the TSX on April 9, 2026. The options will vest in one-third increments on April 10, 2027, April 10, 2028, and April 10, 2029.

Copies of the RSU plan and the stock option plan 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, 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 of the Silver Valley mining district by concentrating its efforts on this single, high-potential asset.

We seek Safe Harbor.