Bunker Hill Mining (BNKR) Investor presentation summary

Transaction rationale and benefits

• Merger creates a 100% U.S.-based silver and critical minerals producer with a robust development pipeline and imminent cash flow generation.

• Pro forma market capitalization of $326M, with enhanced liquidity and a strengthened shareholder base.

• Production expected to ramp from 980 koz AgEq in 2026 to over 2,500 koz in 2027, targeting 5 Moz AgEq annually with expansion.

• Combined resource base exceeds 80 Moz AgEq measured & indicated and 308 Moz AgEq inferred, with significant exploration upside.

• Strong U.S. government relationships provide access to federal financing and permitting support.

Transaction structure and leadership

• Transaction via court-approved plan of arrangement, with a proposed name change to Bunker Hill Silver Corp.

• Exchange ratio of 0.1724 Bunker Hill shares per Silver47 share, representing a 38% premium to spot price.

• Pro forma ownership: 57% Bunker Hill shareholders, 43% Silver47 shareholders.

• Expanded board and management team with deep mining, exploration, and capital markets experience.

• Shareholder meetings in November 2026; expected closing by January 2027.

Asset portfolio and production profile

• Four U.S. projects in Idaho, Nevada, New Mexico, and Alaska, all in established mining jurisdictions.

• Bunker Hill Mine restarted in June 2026, ramping to 1,800 tpd and targeting 2,500 tpd with expansion.

• Hughes project offers near-term tailings re-treatment and significant resource upside.

• Red Mountain and Mogollon projects provide district-scale exploration and resource growth potential.

• Combined company addresses U.S. silver supply deficit and aligns with federal critical minerals priorities.