Bunker Hill's 1:35 rollback to be effective March 6

Executive Summary

• Bunker Hill Mining Corp. has announced the effective date of its one-for-35 reverse stock split, which will take effect on March 6, 2026, with shares commencing consolidated trading on the TSX Venture Exchange at market opening.
• The company provided an update to its C$30 million LIFE (Listed Issuer Financing Exemption) offering, clarifying amendments to the offering document and confirming the structure of the private placement.
• Post-split and post-offering share counts are projected to be approximately 44.8 million common shares, assuming full exercise of the agent's option.

Key Details

• Reverse Stock Split Details:
  • Ratio: One-for-35.
  • Effective Date: March 6, 2026, at 12:01 a.m. PST.
  • Trading: Common shares will trade on the TSX Venture Exchange under symbol BNKR.
  • New Identifiers: CUSIP 120613823; ISIN US1206138232.
  • Share Count Pre-Split: 1,407,494,573 common shares issued and outstanding as of March 2, 2026.
  • Share Count Post-Split (Pre-Offering): Approximately 40,214,130 common shares.
  • Share Count Post-Split (Post-Offering): Approximately 44,777,988 common shares, assuming full exercise of the overallotment option.
  • Fractional Shares: No fractional shares will be issued.
  • Approval: Approved by stockholders via written consent on January 27, 2026; subject to TSX-V approval.
• LIFE Offering Update:
  • Total Offering Size: Up to C$30 million.
  • Units Offered: Up to 159,735,000 LIFE units (inclusive of agent's option).
  • Base Units: Approximately 138.9 million LIFE units.
  • Agent's Option: Up to 20,835,000 additional LIFE units.
  • Structure:
    • (i) Best effort private placement in Canada (excluding Quebec), US, and other international jurisdictions, via an agency agreement with Haywood Securities Inc. as lead agent/bookrunner, expected to be entered around March 5, 2026.
    • (ii) Non-brokered private placement to purchasers in Canada (excluding Quebec), US, and other international jurisdictions.
  • Documentation: Updated LIFE offering document available on SEDAR+ and company website.
• Preferred Stock: No preferred shares are currently outstanding, and none are expected to be outstanding following the offering and split.

Notable Quotes

• None explicitly quoted in the text, though the release serves as an official update from the company regarding the split and financing.