Mr. Sam Ash reports

SILVER DOLLAR SELLS RANGER-PAGE SILVER-ZINC-LEAD PROJECT TO BUNKER HILL MINING

Silver Dollar Resources Inc. has signed an asset purchase agreement with Bunker Hill Mining Corp., whereby Bunker Hill Mining Corp. and its subsidiary will acquire from Silver Dollar Resources and its subsidiary, the right, title and interest in the assets related to the Ranger-Page project located in Shoshone county, Idaho, United States (the target assets), which includes Silver Dollar's 75-per-cent interest in the Government Gulch property and its related option rights under the Government Gulch option and joint venture agreement and the Page Mine mineral rights lease and option agreement.

Sam Ash, president and chief executive officer of Bunker Hill Mining, stated: "The addition of the Ranger-Page Mines represents another step in our vision to re-establish Bunker Hill as a leading producer in the Silver Valley. The Ranger-Page workings and mineralized zones are geologically continuous with the Bunker Hill system, offering immediate synergies for exploration, development and potential future production."

"Amalgamating the Ranger-Page project with Bunker Hill Mining is a strategic and logical transaction that aligns perfectly with the plan we contemplated when we acquired the project last year," said Greg Lytle, president and chief executive officer of Silver Dollar. "While the transaction has happened faster than expected, we are confident the timing is optimal for both companies. Ranger-Page enhances Bunker Hill's exploration prospects and provides Silver Dollar with a strong equity position in a near-term producer, benefiting from the upside of the combined assets."

Strategic highlights:

• Consolidated land position: The acquisition unites the Ranger-Page and Bunker Hill properties into a contiguous land package, creating one of the largest and most prospective holdings by any single company in the Silver Valley.
• Exploration upside: Historical drilling and production data from the Ranger-Page indicate high-grade silver-lead-zinc mineralization along the Page vein system, which remains open at depth and along strike.
• Infrastructure synergies: The Ranger-Page Mines' existing underground workings and surface access points could provide additional flexibility for future mine planning, ventilation and exploration access to deeper levels of the Bunker Hill system.
• Complementary to restart plan: The acquisition is aligned with Bunker Hill's continuing restart of operations at the Bunker Hill mine, targeted for H1 2026 and enhances the company's upside optionality for future resource expansion and mill feed sources.
• Community benefits: This has the potential to create more local employment opportunities within the Silver Valley and stimulate procurement from regional suppliers in ways that benefit the local communities.

Transaction summary

Under the terms of the agreement, Bunker Hill agreed to acquire all of Silver Dollar's interest in the Ranger-Page project and associated claims from Silver Dollar for total consideration of $3.5-million, payable by the issuance of 23,333,334 Bunker Hill common shares at a deemed price of 15 cents per share. The Bunker Hill common shares will be subject to a statutory six-month hold period and contractual escrow and will be released in accordance with the schedule as shown in the attached table.

The agreement is subject to Bunker Hill's due diligence review in respect of the title to the Ranger-Page project within 15 business days of the date of the agreement and it also includes representations, warranties, covenants and indemnities customary in transactions of this nature. Silver Dollar will, subject to Canadian Securities Exchange acceptance, pay a finder's fee by the allocation of 1,166,667 of the Bunker Hill common shares to each of Kluane Capital FZCO and Canal Front Investments Inc. in respect of the transaction. The finders' shares will be subject to the same statutory and contractual escrow restrictions as described above.

Closing of the transaction is expected to be completed on or before Nov. 28, 2025.

About the Ranger-Page project

Located in a world-class silver district, the Ranger-Page land package covers six historic mines and adjoins the Bunker Hill mining property. The primary target areas are up and down plunge from historic underground mining, along strike where ground induced polarization (IP) surveys have identified anomalies, and where surface trenching identified near-surface mineralization. Additional exploration targets have also been identified away from historic mine infrastructure, using soil geochemical data, mapping and ground IP survey data.

About Bunker Hill Mining Corp.

Bunker Hill is an American mineral exploration and development company focused on revitalizing its historic mining asset: the renowned zinc, lead and silver deposit in northern Idaho's prolific Coeur d'Alene mining district. This strategic initiative aims to breathe new life into a once-productive mine, leveraging modern exploration techniques and sustainable development practices to unlock the potential of this mineral-rich region. Bunker Hill Mining aims to maximize shareholder value by responsibly harnessing the mineral wealth in the Silver Valley mining district, focusing its efforts on this single, high-potential asset.

About Silver Dollar Resources Inc.

Silver Dollar is a dynamic mineral exploration company focused on two of North America's premier mining regions: Idaho's prolific Silver Valley and the Durango-Zacatecas silver-gold belt. The company's portfolio includes the advanced-stage Ranger-Page and La Joya projects, as well as the early stage Nora project. The company's financial backers include renowned mining investor Eric Sprott, the company's largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

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