Bunker Hill Mining Corp. Amends $30 Million LIFE Offering

Bunker Hill Mining Corp. (TSX‑V: BNKR | OTCQB: BHLL) announced a set of amendments to its $30 million Life‑Stage Equity Financing (LIFE) offering on February 13 , 2026. The changes, disclosed via a Globe Newswire release, refine the terms of the 138,900,000 units being sold in both brokered and non‑brokered private placements across Canada.

Key Terms of the Amendment

  • Unit Structure – Each unit comprises one common share of Bunker Hill and one warrant, the latter providing the holder the right to purchase additional shares at a set price in the future.
  • Pricing and Allocation – The offering price per unit is maintained at $0.22, consistent with the original terms. The allocation methodology has been clarified to ensure a fair distribution between the brokered and non‑brokered placements.
  • Closing Date – The amended closing is slated for approximately March 5 , 2026, following the execution of an agency agreement with Haywood Securities Inc. as lead agent.
  • Regulatory Compliance – The announcement explicitly states that the offering is not for distribution in the United States and will not be disseminated via U.S. newswire services, thereby aligning with cross‑border securities regulations.

Strategic Rationale

The $30 million LIFE offering is a critical instrument in Bunker Hill’s capital‑raising strategy, designed to fund exploration and development of its lead‑zinc‑silver portfolio in the United States and Canada. The amendment:

  1. Streamlines the Capital Structure – By tightening the terms around the unit and warrant components, the company reduces dilution risk for existing shareholders while preserving upside potential for new investors.
  2. Expands Market Reach – The brokered component allows the company to tap institutional investors across Canada, while the non‑brokered tranche remains available to qualified private investors.
  3. Supports Exploration Pipeline – The proceeds will accelerate drilling campaigns at key prospects, thereby enhancing the company’s technical database and positioning for potential resource development.

Market Context

Bunker Hill’s share price has traded at $0.205 on February 11 , 2026, with a 52‑week high of $0.295 and a low of $0.105. The company’s market cap stands at CAD 215.7 million. Although the price‑earnings ratio is negative (-3.644), the company’s focus on high‑grade base‑metal exploration offers a long‑term value proposition that aligns with rising demand for critical metals in the U.S. and Canadian markets.

Forward‑Looking Perspective

With the amended LIFE offering in place, Bunker Hill is well‑positioned to accelerate its exploration agenda and advance key projects toward commercial viability. The company’s management has emphasized that the capital raised will be deployed in a disciplined manner, prioritising high‑grade drilling, resource definition, and cost‑effective development pathways. Investors should monitor the upcoming closing on March 5 and the subsequent deployment of funds, as these actions will directly influence the company’s operational trajectory and share‑holder value.