Bunker Hill Announces Election to Issue Shares in Satisfaction of Interest and Service Payment Obligations

Core Viewpoint - Bunker Hill Mining Corp. has announced the issuance of 1,578,430 shares of common stock to satisfy interest payments on certain debt instruments totaling US$268,333.33 as of December 31, 2025 [1][2][3] Debt Instruments and Interest Payments - The company will issue 450,980 shares for 5.0% Series 1 secured convertible debentures, covering US$76,666.67 in interest, and 1,127,450 shares for 5.0% Series 2 secured convertible debentures, covering US$191,666.67 in interest [1] - The Series 1 Debentures mature on March 31, 2028, and the Series 2 Debentures mature on March 31, 2029 [1] Pricing and Related Party Transactions - Interest Shares will be issued at USD$0.17 (approximately C$0.23) based on 90% of the 10-day volume weighted average trading price during the Pricing Period [2] - An aggregate of 1,503,266 Interest Shares will be issued to Sprott Private Resource Streaming and Royalty Corp., constituting a related party transaction [3] Consulting Agreement and Shares for Services - The company will issue shares in exchange for consulting services provided by Henderson House Holdings, LLC, amounting to US$15,000.00 per month over a 12-month period [4] - A total of 328,831 Shares for Services will be issued for the period from August 1, 2025, to November 30, 2025, at a price of C$0.1913 per share [4] Regulatory Approvals and Hold Period - Both the Interest Shares and Shares for Services are subject to regulatory approvals, including TSX-V approval, and will have a four-month and one-day hold period under Canadian securities laws [5]