Shareholders to Vote on Increased RSU Pool, Director Elections, and Executive Compensation

summarizeSummary

Bunker Hill Mining Corp. filed its definitive proxy statement for its annual meeting on June 11, 2026, seeking shareholder approval for director elections, auditor ratification, executive compensation, and an increase in the RSU plan share pool, which could lead to substantial potential dilution.

check_boxKey Events

• Annual Meeting Scheduled

  Shareholders will convene on June 11, 2026, to vote on several key proposals, including director elections and equity compensation plans.

• Increased RSU Plan Share Pool

  A proposal seeks to increase the maximum shares under the Restricted Stock Unit (RSU) plan from 2,648,555 to 3,501,396 shares. This adds 852,841 shares to the authorized pool, representing a potential dilution of approximately 1.83% of current outstanding shares.

• Significant Potential Equity Dilution

  If all authorized shares under both the amended RSU plan and the rolling stock option plan were issued, the total potential dilution could be approximately 16.7% of current outstanding shares.

• Director Elections and New Board Member

  Six nominees are proposed for election to the Board, including Mark Child, who joined the Board on May 6, 2026. Four of the six nominees are considered independent.

auto_awesomeAnalysis

This definitive proxy statement outlines the agenda for the upcoming annual meeting, including proposals for director elections, auditor ratification, and an advisory vote on executive compensation. Most notably, shareholders will vote on amendments to the Restricted Stock Unit (RSU) Incentive Plan, which would increase the maximum number of shares available for issuance by 852,841 shares. This increase alone represents a potential dilution of approximately 1.83% of current outstanding shares. When combined with the rolling stock option plan, the total potential dilution from unissued equity awards could reach approximately 16.7% of current outstanding shares, which is a significant amount for existing shareholders.