Bunker Hill Announces Equity Compensation Grants

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR) (OTCQB:BHLL) announces that its board of directors has approved the grant of an aggregate of 5,936,737 restricted stock units (the “RSUs”) to certain directors and officers of the Company, including its Executive Chairman, Chief Executive Officer, and Chief Financial Officer, respectively, pursuant to the terms of the Company’s amended and restated restricted stock unit incentive plan (the “RSU Plan”). The RSUs will vest in one-third increments on March 13 of 2025, 2026 and 2027 into one share of common stock of the Company (a “Common Share”) at a deemed price of C$0.11 based on the closing price of the Common Shares on the TSX Venture Exchange (the “TSX-V”) on March 12, 2024.

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