Silver Dollar Sells Ranger-Page Silver-Zinc-Lead Project to Bunker Hill Mining

Executive Summary

• Silver Dollar Resources Inc. has entered into an agreement to sell its 75% interest in the Ranger‑Page Project (including Government Gulch and Page Mine rights) to Bunker Hill Mining Corp. for CAD $3,500,000 in Bunker Hill common shares.
• The consideration will be issued at a deemed price of CAD $0.15 per share, with 23,333,334 shares placed in escrow and released over a 12‑month period post‑closing.
• Closing is expected on or before November 28 2025; the transaction provides Silver Dollar with an equity position in Bunker Hill and consolidates a large contiguous land package in Idaho’s Silver Valley.

Key Details

• Transaction Structure: Sale of all Silver Dollar interests in Ranger‑Page Project for CAD $3.5 M paid entirely in Bunker Hill common shares.
• Share Issuance: 23,333,334 Bunker Hill Common Shares at CAD $0.15 per share; subject to a statutory six‑month hold period and contractual escrow.
• Escrow Release Schedule:
• 6‑month anniversary of closing – 2,333,333 shares
• 9‑month anniversary – 2,333,333 shares
• 12‑month anniversary – remaining 18,666,668 shares
• Finder’s Fee: Allocation of 1,166,667 shares each to Kluane Capital FZCO and Canal Front Investments Inc., subject to the same escrow restrictions.
• Closing Deadline: Expected on or before 28 Nov 2025, contingent upon Bunker Hill’s due‑diligence review (title verification) within 15 business days of agreement date.
• Strategic Rationale – for Bunker Hill:
• Creates a contiguous land package with the existing Bunker Hill property, forming one of the largest holdings in the Silver Valley.
• Provides additional underground workings and surface access to support future mine planning, ventilation, and deeper exploration.
• Enhances resource upside and supports restart plans for Bunker Hill Mine targeted for H1 2026.
• Strategic Rationale – for Silver Dollar:
• Secures a strong equity position in an operating/mining‑restart company, allowing participation in future upside of combined assets.
• Allows focus on other projects (e.g., La Joya, Nora) while monetizing Ranger‑Page interest.
• Project Highlights (Ranger‑Page): Historic high‑grade silver‑lead‑zinc mineralization along the Page vein system; remains open at depth and strike; six historic mines within the land package; identified IP anomalies and surface trenching targets.

Notable Quotes

“The addition of the Ranger‑Page Mines represents another step in our vision to re‑establish Bunker Hill as a leading producer in the Silver Valley… offering immediate synergies for exploration, development, and potential future production.” – Sam Ash, President & CEO, Bunker Hill Mining

“Ranger‑Page enhances Bunker Hill's exploration prospects and provides Silver Dollar with a strong equity position in a near‑term producer, benefiting from the upside of the combined assets.” – Greg Lytle, President & CEO, Silver Dollar Resources

Materiality Assessment: Material – Positive (significant asset sale, share issuance, and strategic impact on both companies).