Bunker Hill revises bought deal private placement

Mr. Sam Ash reports BUNKER HILL UPDATES PREVIOUSLY ANNOUNCED C$45 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS TO PROVIDE FOR CANADIAN DOLLAR AND U.S. DOLLAR DENOMINATED TRANCHES Bunker Hill Mining Corp. has revised the terms of its previously announced bought deal private placement financing to provide for Canadian-dollar- and United States-dollar-denominated tranches consisting of: (i) 150 million units of the company at a price per unit of 12 Canadian cents for gross proceeds of $18-million (Canadian); and (ii) 225 million units at a price per unit of 8.711 U.S. cents for gross proceeds of $19,599,750 (U.S.). The offering is being led by Haywood Securities Inc. as lead underwriter and sole bookrunner on its own behalf and on behalf of a syndicate of underwriters including BMO Capital Markets. The terms of the offering are otherwise the same as those described in the company's news release dated Sept. 5, 2025, entitled "Bunker Hill Announces C$45 Million "Bought Deal" Private Placement of Units." It is expected that a cornerstone investor will subscribe for the entirety of the U.S.-dollar offering. The offering is expected to close on Sept. 29, 2025, and is subject to certain closing conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional listing approval of the TSX Venture Exchange. In consideration of their services, the company has agreed to pay the underwriters a cash commission equal to 6.0 per cent of the gross proceeds from the offering, provided that the cash fee will be 3.0 per cent of the aggregate gross proceeds raised in the offering from certain purchasers listed on the president's list, and issue that number of non-transferable compensation options equal to up to 6.0 per cent of the aggregate number of units sold under the offering, provided that the number of compensation options will be equal to 3.0 per cent of the aggregate number of units issued by the company to certain purchasers on the president's list. In consideration of their services, the company may pay certain finders, including Zed Financial Partners, a cash commission equal to 4.0 per cent of the aggregate gross proceeds raised from certain subscribers introduced by such finders to the company in the offering, and issue that number of compensation options as is equal to 4.0 per cent of the aggregate number of units sold under the offering to subscribers introduced by the finders. Each compensation option is exercisable to acquire one share of common stock of the company at a price of 12 cents per share for a period of 24 months from the closing date of the offering. The securities to be issued under the offering will be subject to statutory hold period of four months and one day in accordance with applicable Canadian securities laws and to a minimum concurrent six-month hold period in accordance with applicable U.S. securities laws. About Bunker Hill Mining Corp. Bunker Hill is an American mineral exploration and development company focused on revitalizing its 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 aims to maximize shareholder value while responsibly harnessing the mineral wealth in the Silver Valley mining district by concentrating its efforts on this single, high-potential asset. We seek Safe Harbor.