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Bunker Hill Mining (OTCQB: BHLL) appoints CFO, adds General Counsel and earns ‘A’ ESG grade

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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Bunker Hill Mining Corp. appointed Bradley Barnett as Chief Financial Officer, effective July 15, 2026, under an employment agreement that includes a $50,000 restricted-share-unit sign-on bonus and a $300,000 annual base salary, plus performance-based cash and long-term incentives.

The company also plans to appoint Mark Hayes as General Counsel effective August 10, 2026. An independent Digbee review in April 2026 awarded Bunker Hill an overall “A” ESG score, and the restart of the historic Bunker Hill Mine after 45 years of closure is expected to support 200–250 direct and approximately 1,000 indirect jobs in Idaho’s Silver Valley.

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Filing Explained

The employment agreement makes the $50,000 sign-on award a restricted-share-unit grant that vests on the first anniversary; annual incentive and long-term incentive awards are targeted at 70% and 100% of the $300,000 base salary.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
CFO sign-on bonus $50,000 Sign-on bonus in restricted share units vesting on the first anniversary of the grant date
CFO base salary $300,000 Annual base salary for Bradley Barnett under his employment agreement as Chief Financial Officer
Annual incentive target 70% of base salary Target annual incentive bonus as a percentage of CFO’s base salary
Long-term incentive target 100% of base salary Target annual long-term incentive bonus as a percentage of CFO’s base salary
ESG score A (range: B to AAA) Overall Digbee ESG assessment score for Bunker Hill as of April 2026
Mine closure period 45 years Duration of Bunker Hill Mine’s closure and remediation before the current restart effort
Direct employment 200–250 people Expected number of direct jobs once the Bunker Hill Mine reaches commercial production
Indirect employment Approximately 1,000 jobs Estimated indirect employment supported regionally by the mine restart
restricted share units financial
"a $50,000 sign-on bonus issued in restricted share units which will vest"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
long-term incentive bonus financial
"an annual long-term incentive bonus targeted at 100% of his annual base salary"
Digbee ESG assessment regulatory
"The results of Bunker Hill’s latest independent ESG assessment ... conducted by Digbee Limited"
Superfund-designated cleanup site regulatory
"restart commercial mining within an active U.S. EPA Superfund-designated cleanup site"
filtered tailings technology technical
"filtered tailings technology; and placement of tailings underground to reduce long-term"
forward-looking statements regulatory
"Certain statements in this news release are forward-looking and involve a number of risks"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What executive changes did Bunker Hill Mining (BHLL) announce in July 2026?

Bunker Hill Mining appointed Bradley Barnett as Chief Financial Officer effective July 15, 2026, and named Mark Hayes as General Counsel effective August 10, 2026, strengthening its finance and legal leadership as the Bunker Hill Mine advances toward commercial production.

What are the key compensation terms for Bunker Hill Mining (BHLL) CFO Bradley Barnett?

Bradley Barnett’s package includes a $50,000 sign-on bonus in restricted share units vesting after one year, a $300,000 annual base salary, an annual incentive bonus targeted at 70% of base salary, and an annual long-term incentive bonus targeted at 100% of base salary.

What ESG rating did Bunker Hill Mining (BHLL) receive in its latest Digbee assessment?

In its fourth independent review, Digbee awarded Bunker Hill an overall “A” ESG score (range: “B” to “AAA”) as of April 2026. This first Operations Phase assessment represents an improvement over the company’s previous rating and recognizes its integration of ESG principles into operations and governance.

How many jobs could the Bunker Hill Mine restart create for Bunker Hill Mining (BHLL) and its community?

Once commercial production is reached, the Bunker Hill Mine is expected to directly employ 200–250 people, with indirect employment estimated at approximately 1,000 jobs across the region, largely drawing workers and contractors from Idaho’s Silver Valley and surrounding communities.

Why is the Bunker Hill Mine restart significant for Bunker Hill Mining (BHLL) and U.S. mining?

Restarting the Bunker Hill Mine after 45 years of closure marks the first commercial mining restart within an active U.S. EPA Superfund-designated cleanup site since 1969. It is presented as a landmark project for the company, the U.S. mining industry, and the Silver Valley community.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 15, 2026

 

BUNKER HILL MINING CORP.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   333-150028   32-0196442
(State or Other Jurisdiction   (Commission   (IRS Employer
of Incorporation)   File Number)   Identification No.)

 

1009 McKinley Avenue, Kellogg, Idaho 83837

(Address of Principal Executive Offices) (Zip Code)

 

(604) 417-7952

(Registrant’s Telephone Number, Including Area Code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
none        

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 15, 2026, Bunker Hill Mining Corp. (the “Company”) appointed Bradley Barnett, age 55, as the Company’s Chief Financial Officer, effective on July 15, 2026.

 

Prior to his appointment, Mr. Barnett was the Company’s Interim Chief Financial Officer and Corporate Secretary from March 10, 2026. He also served as the Company’s Vice President of Sustainability from November 2020 to October 2025 and subsequently served as the Company’s Director of Special Projects from October 2025 to March 2026. Mr. Barnett has a bachelors degree in economics from the University of California – Riverside, received in January of 2026.

 

In connection with his appointment as Chief Financial Officer, the Company entered into an employment agreement with Mr. Barnett (the “Employment Agreement”) pursuant to which Mr. Barnett will receive: (i) a $50,000 sign-on bonus issued in restricted share units which will vest on the first anniversary of the grant date, (ii) an annual base salary of $300,000, (iii) an annual incentive bonus targeted at 70% of his annual base salary, and (iv) an annual long-term incentive bonus targeted at 100% of his annual base salary. The Employment Agreement also contains customary employment terms and conditions.

 

The foregoing description of the material terms of the Employment Agreement in this Item 5.02 is qualified in its entirety by reference to the full text of the Employment Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

 

Mr. Barnett does not have any family relationship with any other member of the board of directors or any executive officer of the Company. The Company has not engaged in any transaction in which Mr. Barnett or a person related to Mr. Barnett had a direct or indirect material interest that is reportable under Item 404(a) of Regulation S-K. To the Company’s knowledge, there is no arrangement or understanding between any of its officers and Mr. Barnett pursuant to which he was selected to serve as an officer.

 

Item 7.01 Regulation FD

 

On July 16, 2026 the Company issued a press release that announced Mr. Barnett’s appointment as Chief Financial Officer.

 

A copy of the press release is attached to this report as Exhibit 99.1. In accordance with General Instruction B.2 of Form 8-K, the information set forth herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

 

Item 9.01 Exhibits

 

Exhibit

Number

  Description
10.1   Employment Agreement, dated July 15, 2026, by and between the Company and Bradley Barnett
99.1   Press Release dated July 16, 2026
104   Cover Page Interactive Data File-the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

 

 

 

 

SIGNATURES

 

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  BUNKER HILL MINING CORP.
     
DATE: July 17, 2026 By: /s/ Sam Ash
    Sam Ash
    President and Chief Executive Officer

 

 

 

Exhibit 99.1

 

 

 

BUNKER HILL MINING STRENGTHENS EXECUTIVE TEAM

AND

ACHIEVES IMPROVED ESG RATING IN LATEST DIGBEE ASSESSMENT

 

KELLOGG, IDAHO | VANCOUVER, BRITISH COLUMBIA, July 16, 2026 -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX: BNKR | OTCQB: BHLL) is pleased to announce that Bradley Barnett has been appointed Chief Financial Officer of the Company, effective immediately, and Mark Hayes has been appointed General Counsel, effective August 10, 2026. Mr. Barnett has been serving the Company as Interim Chief Financial Officer and will now assume the role on a permanent basis.

 

Mr. Barnett has played a key role in supporting the Company’s financial operations during a transformative period for Bunker Hill, including the advancement of redevelopment and commissioning activities at the historic Bunker Hill Mine (the “Bunker Hill Mine”). His appointment reflects the Company’s board of directors’ (the “Board”) confidence in his leadership, financial expertise, and ongoing contribution to the Company as it transitions toward production.

 

“Brad, one of the three founding members of the new management team that arrived in the Silver Valley in 2020 to transform Bunker Hill’s future, is a proven and highly capable mining executive. As Interim Chief Financial Officer, he has demonstrated strong financial leadership, exceptional commercial acumen and the ability to build a superb performance-focused partnership with the operating team,” said Richard Williams, Executive Chairman of Bunker Hill. “We are very pleased to appoint him as Chief Financial Officer on a permanent basis and look forward to his continued contribution as we execute on our production restart and long-term growth strategy.”

 

Bunker Hill is also pleased to announce the appointment of Mark Hayes as General Counsel, effective August 10, 2026. Mr. Hayes joins Bunker Hill with more than a decade of legal and strategic experience focused on the mining, natural resources, and energy sectors. Most recently, he served as head of legal for Nuton, Rio Tinto’s innovative copper leaching technology venture, where he advised executive leadership on strategic investments, governance matters, commercial agreements, environmental and regulatory issues, and intellectual property management across a portfolio of mining projects throughout the Americas.

 

Prior to Nuton, Mr. Hayes held several senior legal positions within Rio Tinto’s copper and borates businesses, supporting major mining operations and growth initiatives throughout North and South America. His experience includes mergers and acquisitions, project development, environmental permitting, regulatory compliance, commercial negotiations, joint ventures, and corporate governance. Before joining Rio Tinto, Mr. Hayes served as a public lands attorney with the U.S. Department of the Interior and practiced natural resources and environmental law with McAfee & Taft.

 

 

 

 

“Mark’s appointment comes at a key time for Bunker Hill as we advance towards commercial production and evolve our long-term growth strategy,” said Richard Williams, Executive Chairman of Bunker Hill. “His combination of operational mining experience, transactional expertise, and regulatory knowledge gained through leadership roles at Rio Tinto will be invaluable as we build a modern, responsible, and profitable mining company. We are very excited to welcome Mark to our team.”

 

Mr. Hayes added, “Bunker Hill represents one of the most compelling mine restart stories in North America. The opportunity to help guide the Company through this next phase of production and growth, while contributing to the revitalization of one of the world’s most historic mining districts, is incredibly exciting. I look forward to working with the management team and Board to support Bunker Hill’s continued success.”

 

Mr. Hayes earned a Juris Doctor, magna cum laude, from the University of Oklahoma College of Law and holds a Bachelor of Arts in Politics from Princeton University, where he was a four-year varsity football letterman and All-Ivy selection. He is admitted to practice law in Utah and Oklahoma and has also completed executive business studies in mergers and acquisitions.

 

AWARD OF ‘A’ GRADE IN DIGBEE ESG ASSESSMENT

 

The results of Bunker Hill’s latest independent ESG assessment of its operations and corporate governance system, conducted by Digbee Limited (“Digbee”), a leading technology platform specializing in ESG disclosure and benchmarking for the mining sector, have been published.

 

In its fourth Digbee review — and its first conducted under the Operations Phase analysis framework, Bunker Hill achieved an overall ESG score of “A” (range: “B” to “AAA”) as of April 2026, representing a significant improvement over the Company’s previous assessment.

 

The assessment reflects the positive way that the Company integrates ESG principles into all aspects of its operations, governance, and long-term strategy. As with previous Digbee reports, the advice provided by Digbee assists the Company in advancing and developing this approach further, helping it to achieve the coveted AAA grade in the future.

 

A LANDMARK MINE RESTART IN THE UNITED STATES

 

The historic Bunker Hill Mine, located in Idaho’s prolific Silver Valley is advancing now towards commercial production. The restart of this mine after 45 years of closure and remediation represents the first mining operation to restart commercial mining within an active U.S. EPA Superfund-designated cleanup site since the establishment of the Superfund program in 1969. This represents a significant milestone for both the Company, the broader U.S. mining industry, and the community of the Silver Valley.

 

 

 

 

RESPONSIBLE REDEVELOPMENT WITH LONG-TERM COMMUNITY BENEFITS

 

The Bunker Hill Mine redevelopment includes:

 

  remediation and modernization of historic infrastructure;
     
  installation of modern processing and environmental systems;
     
  in-mine water treatment and milling infrastructure;
     
  filtered tailings technology; and
     
  placement of tailings underground to reduce long-term surface impacts.

 

The mine is expected to directly employ between 200 and 250 people once commercial production is reached, with indirect employment estimated at approximately 1,000 jobs throughout the region. Most employees and contractors are expected to be drawn from local communities within Idaho’s Silver Valley and surrounding areas.

 

POSITIONED TO SUPPLY ESSENTIAL METALS FROM WITHIN THE USA

 

The Bunker Hill Mine produces silver, zinc, and lead concentrates from Idaho’s prolific Coeur d’Alene Mining District — a significant historic silver-producing region in the United States and the supplier of some of its best underground miners.

 

As the USA prioritizes domestic industrial capacity and secure supply chains, Bunker Hill is positioned to play its part as an American producer of both precious and industrial metals via the responsible restart of a historic mining operation.

 

COMMITMENT TO ESG LEADERSHIP

 

Digbee’s assessment highlighted the Company’s experienced leadership team, strengthened governance framework, and continued enhancement of corporate policies and operational standards.

 

Bunker Hill remains focused on:

 

operational excellence;
   
 high standards of environmental stewardship;
   
 workforce safety;
   
 community engagement; and
   
 transparent governance practices.

 

 

 

 

As the Bunker Hill Mine advances now toward commercial production making use of modern technology, practices and systems, it aims to maintain the highest standards of operational excellence in all matters, including environmental management. Partnered with the community of the Silver Valley, and alongside those other local mining companies that are investing in operations nearby, it seeks to play an important part in offering skilled, well paid and modern employment in a revitalising domestic United States mining industry: delivering critical metal into the US supply chain, creating long-life, dynamic United States jobs and in ways that protect and enhance the environment around it.

 

ABOUT BUNKER HILL MINING

 

Bunker Hill Mining Corp. is a U.S.-based development company focused on the restart of its flagship asset—the historic Bunker Hill Mine in northern Idaho’s prolific Coeur d’Alene mining district. This renowned silver, zinc, and lead deposit is advancing towards commercial production using modern exploration techniques and responsible development practices to unlock its full potential.

 

The Company’s strategy is centered on efficiently revitalizing this high-quality asset to deliver long-term value, while upholding strong environmental and operational standards. Bunker Hill is committed to maximizing shareholder returns through the disciplined redevelopment of one of North America’s most storied mining operations.

 

Additional information is available at www.bunkerhillmining.com and on SEDAR+ and EDGAR.

 

On behalf of Bunker Hill Mining Corp.

 

Sam Ash

President and Chief Executive Officer

 

For additional information, please contact:

 

Brenda Dayton

Vice President, Investor Relations

T: 604.417.7952

E: brenda.dayton@bunkerhillmining.com

 

Cautionary Statements

 

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “plan” or variations of such words and phrases.

 

 

 

 

Forward-looking statements in this news release include, but are not limited to, statements regarding: the impacts on community employment; delivering critical metal into the U.S. supply chain, the Company’s general objectives, goals or future plans, including the ramp up of the Bunker Hill Mine to commercial production and the achievement of future short term, medium term, and long term operational strategies. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: Bunker Hill’s ability to develop future mining plans and strategies based on the high-grade silver mineralization; Bunker Hill’s ability to receive sufficient project financing for the restart and ongoing development of the Bunker Hill Mine on acceptable terms or at all; the future price of metals; and the stability of the financial and capital markets. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, those risks and uncertainties identified in public filings made by Bunker Hill with the U.S. Securities and Exchange Commission (the “SEC”) and with applicable Canadian securities regulatory authorities, and the following: the Company’s inability to raise additional capital for project activities, including through equity financings, concentrate offtake financings or otherwise; capital market conditions; restrictions on labor and its effects on international travel and supply chains; failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; the Company’s ability to ramp up the Bunker Hill Mine to commercial production and the risks of not basing a production decision on a feasibility study of mineral reserves demonstrating economic and technical viability, resulting in increased uncertainty due to multiple technical and economic risks of failure which are associated with this production decision including, among others, areas that are analyzed in more detail in a feasibility study, such as applying economic analysis to resources and reserves, more detailed metallurgy and a number of specialized studies in areas such as mining and recovery methods, market analysis, and environmental and community impacts and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit, with no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved; failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations; failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; the inability of the Company to budget and manage its liquidity in light of the failure to obtain additional financing, including the ability of the Company to complete the payments pursuant to the terms of the agreement to acquire the Bunker Hill Mine complex; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; and capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this news release are reasonable, undue reliance should not be placed on such statements or information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all, including as to whether or when the Company will achieve its project finance initiatives, or as to the actual size or terms of those financing initiatives. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

 

Readers are cautioned that the foregoing risks and uncertainties are not exhaustive. Additional information on these and other risk factors that could affect the Company’s operations or financial results are included in the Company’s annual report and may be accessed through the SEDAR+ website (www.sedarplus.ca) or through EDGAR on the SEC website (www.sec.gov).

 

 

 

 

Filing Exhibits & Attachments

21 documents