Silver Dollar closes Ranger-Page sale to Bunker Hill

Executive Summary

• Silver Dollar Resources Inc. has completed the sale of its Ranger-Page Silver-Zinc-Lead Project assets to Bunker Hill Mining Corp.
• The transaction was settled via the issuance of 23,333,334 common shares of Bunker Hill, valued at approximately $5.8 million based on the closing price on the TSX Venture Exchange.
• The acquisition consolidates the Ranger-Page and Bunker Hill properties into a contiguous land package, supporting Bunker Hill's planned mine restart targeted for the first half of 2026.

Key Details

• Transaction Structure: Asset purchase agreement where Bunker Hill Mining Corp. and its subsidiary acquired the right, title, and interest in assets related to the Ranger-Page project from Silver Dollar Resources Inc. and its subsidiary.
• Assets Transferred:
  • Silver Dollar's 75% interest in the Government Gulch property.
  • Related option rights under the Government Gulch option and joint venture agreement.
  • Page Mine mineral rights lease and option agreement.
• Consideration: 23,333,334 common shares of Bunker Hill Mining Corp.
• Valuation: Approximately $5.8 million, based on Bunker Hill's closing share price on the TSX Venture Exchange on the day prior to the release.
• Share Restrictions: The received shares are subject to a statutory six-month hold period and contractual escrow, with release scheduled according to a specific timeline.
• Strategic Rationale:
  • Creates one of the largest and most prospective holdings in the Silver Valley by uniting Ranger-Page and Bunker Hill properties.
  • Provides historical drilling and production data indicating high-grade silver-lead-zinc mineralization along the Page vein system, which remains open at depth and along strike.
  • Existing underground workings and surface access points offer infrastructure synergies for future mine planning, ventilation, and exploration access to deeper levels of the Bunker Hill system.
  • Aligns with Bunker Hill's restart plan, targeted for first half 2026, enhancing upside optionality for resource expansion and mill feed sources.
  • Potential to create local employment opportunities and stimulate regional procurement.

Notable Quotes

• "Finalizing this transaction represents the successful execution of our strategic vision for Ranger-Page. The closing immediately establishes Silver Dollar as a significant and supportive shareholder in a near-term producer, providing our investors with direct, leveraged exposure to the restart of the Bunker Hill mine that is on track for first production in H1 2026," said Greg Lytle, president and chief executive officer of Silver Dollar.
• "We believe this transaction delivers an accelerated path to value creation for our shareholders compared to the independent development of Ranger-Page, and we look forward to the growth of Bunker Hill in the years ahead through production and exploration."