.jpg)
6 hours ago
3
Article content
KELLOGG, Idaho and VANCOUVER, British Columbia, Nov. 03, 2025 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR; OTCQB: BHLL) announces that it has entered into an agreement with a former director of the Company (the “Recipient”) with respect to the settlement of an aggregate of 851,134 vested deferred share units of the Company (the “DSUs”) previously granted to the Recipient for services rendered as a director of the Company for the 2023 and 2024 fiscal years (the “Settlement Agreement”).
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
Pursuant to the terms of the Settlement Agreement, the Company has agreed to issue 615,384 shares of common stock of the Company (the “DSU Shares”) to the Recipient at a deemed issue price of C$0.195 per DSU Share, representing the closing price of the shares of common stock of the Company (“Common Shares”) on the TSX Venture Exchange (the “TSX-V”) on November 3, 2025, in partial settlement and satisfaction of the C$165,971.13 cash payment (the “Redemption Amount”) payable to the Recipient upon its redemption of the DSUs, with the remaining C$45,971.13 balance to be paid in cash. The Company intends to issue the DSU Shares to preserve its cash for the potential restart and ongoing development of the Bunker Hill Mine.
Article content
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
The transaction remains subject to the receipt of all regulatory approvals, including, without limitation, the approval of the TSX-V. Once issued, the DSU Shares will be subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws in addition to any applicable U.S. hold periods. The DSU Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or in compliance with the requirements of an applicable exemption therefrom.
Article content
Article content
About Bunker Hill Mining Corp.
Article content
Bunker Hill is an American mineral exploration and development company focused on revitalizing our 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 Mining Corp. aims to maximize shareholder value by responsibly harnessing the mineral wealth in the Silver Valley mining district, focusing our efforts on this single, high-potential asset. Information about the Company is available on its website, www.bunkerhillmining.com, or within the SEDAR+ and EDGAR databases.
Article content
On behalf of Bunker Hill Mining Corp.
Article content
Sam Ash
President and Chief Executive Officer
Article content
For additional information, please contact:
Article content
Brenda Dayton
Vice President, Investor Relations
T: 604.417.7952
E: [email protected]
Article content
Cautionary Statements
English (US)