{"url_path":"/sec/bhll/8-k/2026-06-15/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1407583/0001493152-26-028693-index.html","accession_number":"0001493152-26-028693","cik":"0001407583","ticker":"BHLL","issuer_name":"Bunker Hill Mining Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1407583/0001493152-26-028693-index.html","primary_entity_key":"0001407583","primary_entity_name":"Bunker Hill Mining Corp."},"word_count":486,"has_tables":true,"body_markdown":"**Item\n5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers.**\n\n \n\nOn\nJune 11, 2026, the stockholders of Bunker Hill Mining Corp. (the “**Company**”) approved amendments to the Company’s\nRestricted Stock Unit Plan (the “**Amended RSU Plan**”) and Stock Option Plan (the “**Amended Option Plan**”)\nat the Company’s annual meeting of stockholders.\n\n \n\nAmended\nRestricted Stock Unit Plan\n\n \n\nThe\nAmended RSU Plan increases the maximum number of shares of common stock issuable thereunder from 2,648,555 shares to 3,501,396 shares,\nrepresenting 7.5% of the Company’s issued and outstanding common shares as of April 28, 2026.\n\n \n\nThe\nAmended RSU Plan also revises the insider participation limits to provide that the maximum number of shares issued under the Amended\nRSU Plan and any other security-based compensation arrangement of the Company during any 12-month period to insiders of the Company,\nas a group, may not exceed 10% of the Company’s issued and outstanding common shares, calculated as of the applicable grant date.\n\n \n\nIn\naddition, the Amended RSU Plan removes certain restrictions previously applicable to consultants, permits participation by persons providing\ninvestor relations services to the Company, revises the stockholder approval requirements applicable to certain plan amendments, and\nclarifies the Board’s authority to make amendments necessary to comply with applicable regulatory requirements, including the requirements\nof the Toronto Stock Exchange (“**TSX**”).\n\n \n\nThe\nAmended RSU Plan further includes administrative, housekeeping and compliance-related amendments to reflect the Company’s graduation\nfrom the TSX Venture Exchange (“**TSX-V**”) to the TSX, including revisions to participant eligibility provisions, replacement\nof certain TSX-V-specific provisions and terminology, and related conforming changes.\n\n \n\nAmended\nStock Option Plan\n\n \n\nThe\nAmended Option Plan revises the minimum exercise price of options granted thereunder to provide that the exercise price of an option\nmay not be less than the closing price of the Company’s common shares on the TSX on the date of grant.\n\n \n\nThe\nAmended Option Plan also removes certain vesting restrictions and other requirements previously applicable to options granted to persons\nproviding investor relations services, revises the insider participation limits to conform to TSX requirements, removes certain limitations\napplicable to consultants and investor relations service providers, and clarifies the Board’s authority to make amendments necessary\nto comply with applicable regulatory requirements, including the requirements of the TSX.\n\n \n\nThe\nAmended Option Plan further includes administrative, housekeeping and compliance-related amendments to reflect the Company’s graduation\nfrom the TSX-V to the TSX, including revisions to participant eligibility provisions, replacement of certain TSX-V-specific provisions\nand terminology, and related conforming changes.\n\n \n\nA\nmore detailed description of the Amended RSU Plan and the Amended Option Plan is contained in the Company’s definitive proxy statement\non Schedule 14A filed with the Securities and Exchange Commission on May 13, 2026 (the “**Proxy Statement**”) under the\nheadings “Approval of Amendments to the Restricted Stock Unit Incentive Plan” and “Approval of Amendments to the Stock\nOption Plan,” respectively, which descriptions are incorporated herein by reference."}