Bunker Hill mine restart cost rises to $103M, delayed to Q2 2025

Bunker Hill Mining Corp.

Total restart expenditure (excl. working capital) now $103M, up from prior $67M and $56M (2022 PFS).
Project restart delayed by up to 4 months, now anticipated in Q2 2025.
Cost increase of ~$50M driven by inflation, filter press scope change, and contractor walk-out.
Plans to draw $5M first tranche from $21M Sprott standby facility; negotiating $30M offtake financing.
Pursuing $150M US EXIM facility by end of 2025 to refinance debt and expand capacity to 2,500 tpd.

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