Bunker Hill Mining Corp. (TSX-V:BNKR) (OTCQB:BHLL) announces that it has closed the seventh and final tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co. in the principal amount of US$4,763,110.38, being the amount of US dollars equal to 50,958 ounces of silver as of the date such amount was advanced to the LLC.

Sam Ash, President and CEO, said: “We appreciate the continued partnership and support from Monetary Metals in delivering this innovative silver-linked financing. The successful completion of all seven tranches demonstrates the strength of our project and our ability to execute on complex, non-traditional funding solutions. With the silver loan now fully drawn, we remain focused on advancing Bunker Hill toward restart while maintaining a disciplined approach to capital management.”

Final Tranche of Silver Loan

As further described in the news releases dated June 7, 2024 and August 8, 2024, MM, through the LLC, has agreed to loan the Company a principal amount of US dollars equal to up to 1.2M ounces of silver to be advanced in one or more tranches, in support of the re-start and ongoing development of the Bunker Hill Mine. On August 8, 2024, the Company closed on the first tranche of the Silver Loan in the principal amount of US$16,422,039, being the amount of US dollars equal to, as of August 8, 2024, 609,805 ounces of silver and on September 24, 2024, the Company closed on the second tranche of the Silver Loan in the principal amount of US$6,369,000, being the amount of US dollars equal to, as of September 24, 2024, 200,000 ounces of silver. As described in the news release dated November 6, 2024, an additional principal amount of US$6,321,112, the amount of US dollars equal to, as of November 6, 2024, 198,777 ounces of silver, was advanced in connection with the Silver Loan. As described in the news release dated November 13, 2024, an additional principal amount of US$1,250,000 being the amount of US dollars equal to, as of the date such amount was advanced to the LLC, 39,620 ounces of silver, was advanced in connection with the Silver Loan. As described in the news release dated December 31, 2024, an additional principal amount of US$1,478,847, being the amount of US dollars equal to, as of the date such amount was advanced to the LLC, 50,198 ounces of silver, was advanced in connection with the Silver Loan. As described in the news release dated November 10, 2025, an additional principal amount of US$2,521,215, being the amount of US dollars equal to, as of the date such amount was advanced to the LLC, 50,384 ounces of silver, was advanced in connection with the Silver Loan.

As further described in the news releases dated August 8, 2024, September 25, 2024, November 13, 2024, December 31, 2024 and November 10, 2025, the Company has issued to MM: (i) 1,280,591 non-transferable bonus share purchase warrants in connection with First Tranche; (ii) 400,000 Warrants in connection with the Second Tranche; (iii) an aggregate 476,793 Warrants in connection with the Third and Fourth Tranches, (iv) 100,397 Warrants in connection with the Fifth Tranche, and (v) 742,219 Warrants in connection with the Sixth Tranche. As of the date hereof, 3,000,000 Warrants have been issued to MM under the Silver Loan. No Warrants are bring issued in connection with the Final Tranche.

The securities referenced herein, or any securities underlying or derived from the financial instruments referenced herein, including but not limited to the Silver Loan, have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”). This news release does not constitute an offer to sell or the solicitation of an offer to buy such securities, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Bunker Hill Mining Corp.

Bunker Hill Mining Corp. is a US-based mineral exploration and development company advancing the restart of the historic Bunker Hill Mine, a past-producing zinc, lead, and silver asset located in northern Idaho’s prolific Coeur d’Alene Mining District. One of the most storied base and precious metals areas in North America, the Silver Valley has a long history of production and established infrastructure. The Company is focused on unlocking the remaining value of this high-quality brownfield asset through modern exploration, disciplined project development, and responsible mining practices. With a singular strategic focus on Bunker Hill, the Company is positioned to maximize shareholder value while revitalizing a cornerstone asset in a premier American mining jurisdiction.