BUNKER HILL MINING CP - BHLL STOCK NEWS

Bunker Hill Mining Corp. (OTCQB: BHLL) announced the outcomes of its annual general meeting held on June 20, 2024, in Vancouver, British Columbia. All six director nominees were re-elected, including Sam Ash, Mark Cruise, Dickson Hall, Pamela Saxton, Paul Smith, and Richard Williams. The company also acknowledged the contributions of Cassandra Joseph, who did not stand for re-election. Shareholders ratified MNP LLP as the auditor for the fiscal year ending December 31, 2024, approved the adoption and renewal of the amended restricted stock unit incentive plan, and renewed the company’s stock option plan. Additionally, shareholders approved, on an advisory basis, the compensation of named executive officers and an annual advisory vote on executive compensation. The amended RSU plan, which allows for the issuance of up to 33,909,921 common shares (10% of outstanding shares as of May 8, 2024), was adopted.

Bunker Hill Mining announced signing a term sheet with Monetary Metals for a silver loan facility of up to 1.2 million ounces. The loan aims to support the re-start and ongoing development of the Bunker Hill Mine. The loan, with a term of three years, will be secured against the company's assets and bear an annual interest rate of 15%, payable in silver ounces quarterly. The financing is subject to various conditions, including TSX Venture Exchange acceptance and satisfactory due diligence. Proceeds will be used to replace an existing undrawn Sprott facility at a lower cost of capital. Additionally, Bunker Hill will issue bonus share purchase warrants to Monetary Metals, subject to prior TSX-V approval.

Bunker Hill Mining provides an update on its underground exploration at the Bunker Hill Mine in Kellogg, Idaho. Covering 1300 acres, the mine has produced over 5Mt of base metals and 165Moz of silver before 1981. The new exploration uses advanced geophysical technologies to identify low-risk, high-reward Zinc-Lead-Silver targets. The initial 'proof of concept' focus targets Quill and Newgard zones, aiming to discover high-impact mineralization adjacent to existing infrastructure.

The company plans a 9,000-foot diamond drilling program in 2024, focusing on resource expansion to support the first five years of production. Potential discoveries of rare earth elements like Germanium, Gallium, and Indium will also be evaluated. Construction is on schedule with mining and mill commissioning expected by Q4 2024.

Bunker Hill Mining announced the commencement of construction for its processing plant and expansion drilling program at the Bunker Hill Mine in Kellogg, Idaho. Construction of the plant started after receiving the Pre-Permit to Construct from the Idaho Department of Environmental Quality on April 30, 2024. The optimized Tailings Filtration Plant, incorporating pressure filtration for better environmental management, is also advancing. The company aims to begin mining and technical commissioning in Q4 2024, ramping up to full production by Q1 2025. A re-financing process to lower capital costs and increase available capital is underway, with a preferred solution identified, expected to conclude within 60 days. On May 10, 2024, Bunker Hill commenced a resource expansion and exploration drilling program, targeting 8,975 feet of core drilling to support the mine's staged restart. This program is fully funded and aims to define and expand the existing resource.

Bunker Hill Mining Corp. announces the sustainable restart of the Bunker Hill Zinc-Silver-Lead Mine in Northern Idaho, marking the beginning of a new era for the North American metal mining industry. With a rich history of production, the mine aims to build a multi-asset business, focusing on exploration and development of its extensive claim package.

Bunker Hill Mining Corp. appoints Brenda Dayton as Vice President Investor Relations to lead communication functions and implement an Investor Relations plan. Brenda brings extensive experience in the precious metals mining industry, enhancing the company's strategic growth.

Bunker Hill Mining Corp. announces the issuance of 6,398,439 shares of common stock to holders of convertible debentures in full satisfaction of interest payment, amounting to USD$511,875.00. The Interest Shares are priced at USD$0.08 per share based on the 10-day volume weighted average trading price on the TSX-V. The issuance includes a related party transaction with Sprott Streaming, subject to regulatory approvals and hold periods.

Bunker Hill Mining Corp. (BHLL) approves the grant of 5,936,737 restricted stock units to directors and officers under the RSU Plan. The RSUs will vest in one-third increments over three years at a price of C$0.11 per share.

Bunker Hill Mining Corp. accelerates project restart activities in early 2024, achieving key milestones and preparing for upcoming events. The company progresses with equipment procurement, infrastructure development, and drilling contracts, showcasing a positive outlook for future operations. Bunker Hill will be actively participating in the PDAC Conference in Toronto, further enhancing its presence in the mining industry.