Bunker Hill Announces Equity Compensation Grants

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KELLOGG, Idaho and VANCOUVER, British Columbia, April 10, 2026 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX: BNKR) (OTCQB: BHLL) announces that its board of directors (the “Board”) has approved the grant of an aggregate of 163,674 restricted stock units (the “RSUs”) 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 “RSU 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 (a “Common Share”) at a deemed price of C$5.60 based on the closing price of the Common Shares on the Toronto Stock Exchange (the “TSX”) on April 9, 2026.

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In addition, the Board approved the grant of incentive stock options to purchase up to an aggregate of 12,402 Common Shares (the “Options”) to a certain officer of the Company pursuant to the terms of the Company’s amended and restated stock option plan (the “Stock Option Plan”). The Options expire on April 10, 2031, and have an exercise price of C$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.

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Copies of the RSU Plan and the Stock Option Plan are available under the Company’s profile on SEDAR+.

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ABOUT BUNKER HILL MINING CORP.

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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 (the “Bunker Hill Mine”). 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 while responsibly harnessing the mineral wealth of the Silver Valley mining district by concentrating our efforts on this single, high-potential asset. Information about the Company is available on its website at www.bunkerhillmining.com or in the SEDAR+ and EDGAR databases.

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On behalf of Bunker Hill

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Sam Ash
President, Chief Executive Officer and Director

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For additional information, please contact:

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Cautionary Statements

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Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “plan” or variations of such words and phrases.