KELLOGG, Idaho and VANCOUVER, British Columbia – Bunker Hill Mining Corp. (TSX: BNKR) (OTCQB: BHLL) announced on April 10, 2026, that its board of directors has approved significant equity compensation grants to certain directors and officers. The grants include an aggregate of 163,674 restricted stock units (RSUs) and incentive stock options to purchase up to an aggregate of 12,402 common shares.
Details of Restricted Stock Unit Grants
The 163,674 restricted stock units were granted to certain directors and officers of the Company. These RSUs are issued pursuant to the terms of Bunker Hill’s amended and restated restricted stock unit incentive plan, referred to as the “RSU Plan.”
- Vesting Schedule: The RSUs are structured to vest in one-third increments on specific future dates: April 10, 2027, April 10, 2028, and April 10, 2029.
- Conversion: Upon vesting, each RSU will convert into one common share of the Company.
- Deemed Price: The valuation for these RSUs is set at a deemed price of C$5.60 per share. This price is based on the closing price of the Company’s common shares on the Toronto Stock Exchange (TSX) as of April 9, 2026.
This staggered vesting schedule is a common mechanism designed to incentivize long-term commitment and performance from key personnel, aligning their financial interests with the sustained growth and success of Bunker Hill Mining Corp.
Incentive Stock Option Approvals
In addition to the RSUs, the Board also approved the grant of incentive stock options. These options allow for the purchase of up to an aggregate of 12,402 common shares and were granted to a specific officer of the Company. The grants fall under the provisions of Bunker Hill’s amended and restated stock option plan, referred to as the “Stock Option Plan.”
- Expiration Date: The options have a defined expiration date of April 10, 2031.
- Exercise Price: The exercise price for these options is set at C$5.60 per underlying common share. This price mirrors the deemed price of the RSUs, also based on the closing price of Bunker Hill’s common shares on the TSX on April 9, 2026.
- Vesting Schedule: Similar to the RSUs, the stock options will vest in one-third increments on April 10, 2027, April 10, 2028, and April 10, 2029.
Both the RSU Plan and the Stock Option Plan are publicly accessible, with copies available under Bunker Hill Mining Corp.’s profile on SEDAR+, providing transparency regarding the company’s compensation frameworks.
Company Profile and Strategic Focus
Bunker Hill Mining Corp. is an American mineral exploration and development company. Its primary focus is the revitalization of its historic mining asset: the renowned zinc, lead, and silver deposit located in northern Idaho’s prolific Coeur d’Alene mining district, known as the “Bunker Hill Mine.”
The company’s strategic initiative aims to re-energize this once-productive mine. This involves leveraging modern exploration techniques and implementing sustainable development practices to unlock the full potential of the mineral-rich region. Bunker Hill Mining Corp. has stated its objective to maximize shareholder value by concentrating its efforts on this single, high-potential asset, while also responsibly managing the mineral wealth within the Silver Valley mining district.
Information regarding Bunker Hill Mining Corp. is available on its official website, www.bunkerhillmining.com, as well as through the SEDAR+ and EDGAR databases. Sam Ash serves as the President, Chief Executive Officer, and Director of the Company. For investor inquiries, Brenda Dayton, Vice President of Investor Relations, can be contacted directly.
The approval of these equity compensation grants underscores Bunker Hill Mining Corp.’s strategy to align the interests of its leadership with those of its shareholders. By tying executive remuneration to the company’s long-term stock performance and future growth, these grants aim to foster sustained commitment to the revitalization of the Bunker Hill Mine and the broader objective of maximizing shareholder value.
