Bunker Hill Announces Equity Compensation Grants

Core Points - Bunker Hill Mining Corp. has approved the grant of 3,980,071 restricted stock units (RSUs) to certain directors and officers, which will vest in increments over the next three years [1] - The board also approved the grant of 626,593 incentive stock options to a certain officer, with an exercise price of C$0.215 and a vesting schedule over three years [2] - The company aims to sustainably restart and develop the Bunker Hill Mine as part of a strategy to consolidate and optimize its mining assets [4] Summary by Category Restricted Stock Units (RSUs) - An aggregate of 3,980,071 RSUs has been granted to directors and officers, vesting in one-third increments on October 14, 2025, June 30, 2026, and June 30, 2027 [1] - Each RSU will convert into one common share at a deemed price of C$0.215 based on the closing price on October 10, 2025 [1] Stock Options - The board approved 626,593 stock options for a certain officer, expiring on October 14, 2030, with an exercise price of C$0.215 [2] - The options will vest in tranches over three years, with specific vesting dates for portions of the options [2] Company Strategy - Under new leadership, Bunker Hill intends to restart and develop the Bunker Hill Mine, focusing on consolidating and optimizing its mining assets primarily in North America [4]