Bunker Hill Announces Reverse Stock Split and LIFE Offering Update

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Bunker Hill Mining Corp. announced the effective date of its one-for-thirty-five reverse stock split of the company's common stock and preferred stock, which will be effective as of March 6, 2026. The company also provided an update on its LIFE offering of up to 159,735,000 units, including an over-allotment option for the agents.

Why it matters

The reverse stock split will reduce the number of Bunker Hill's outstanding shares, potentially improving the stock's liquidity and trading dynamics. The LIFE offering will provide the company with up to C$30 million in additional capital to support the development and restart of its Bunker Hill Mine in Idaho.

The details

The reverse stock split will consolidate Bunker Hill's approximately 1.4 billion common shares into around 40 million shares, with no fractional shares issued. Assuming full exercise of the over-allotment option, there are expected to be a total of approximately 44.8 million common shares outstanding after the reverse split and LIFE offering. The LIFE offering will consist of a 'best efforts' private placement in Canada and the U.S., as well as a non-brokered private placement in Canada, excluding Quebec.

• The reverse stock split will be effective as of 12:01 a.m. (PST) on March 6, 2026.
• The LIFE offering is expected to close on or around March 5, 2026.

What’s next

The reverse stock split and LIFE offering remain subject to the approval of the TSX Venture Exchange.