What changed in this filing

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Item 3. Legal Proceedings

2024-03-12 compared with 2023-04-17 · 29 added, 30 removed, 20 unchanged (75% of the section changed)

5 unchanged sentences

adverse to the Company or any of its subsidiaries.

July 28, 2021, a lawsuit was filed in the US District Court for the District of Idaho brought by Crescent Mining, LLC (“Crescent”).

July 28, 2021, a lawsuit was filed in the U.S.

District Court for the District of Idaho brought by Crescent Mining, LLC (“Crescent”).

The named defendants include Placer Mining, Robert Hopper Jr., and the Company.

1 unchanged sentence

intentionally flooded the Crescent Mine during the period from 1991 and 1994, and that the Company is jointly and severally liable

with the other defendants for unspecified past and future costs associated with the presence of AMD in the Crescent Mine.

The plaintiff

has requested unspecified damages.

On September 20, 2021, the Company filed a motion to dismiss Crescent’s claims against it, contending

that such claims are facially deficient.

On March 2, 2022, Chief US District Court Judge, David C.

Nye granted in part and denied

in part the Company’s motion to dismiss.

The court granted the Company’s motion to dismiss Crescent’s Cost Recovery

claim under CERCLA Section 107(a), Declaratory Judgment, Tortious Interference, Trespass, Nuisance and Negligence claims.

were dismissed without prejudice.

The court denied the motion to dismiss filed by Placer Mining Corp.

for Crescent’s trespass,

with the other defendants for unspecified past and future costs associated with the presence of acid mine drainage (AMD) in the Crescent

The plaintiff has requested unspecified damages.

On September 20, 2021, the Company filed a motion to dismiss Crescent’s

claims against it, contending that such claims are facially deficient.

On March 2, 2022, Chief U.S.

District Court Judge, David

Nye granted in part and denied in part the Company’s motion to dismiss.

The court granted the Company’s motion to dismiss

in respect of Crescent’s cost recovery claim under CERCLA Section 107(a) and declaratory judgment, tortious interference, trespass,

nuisance and negligence claims.

These claims were dismissed without prejudice.

The court denied the motion to dismiss filed by Placer

for Crescent’s trespass, nuisance and negligence claims.

Crescent later filed an amended complaint on April 1, 2022.

Placer Mining Corp.

and Bunker Hill Mining

Corp are named as co-defendants.

Bunker Hill responded to the amended filing, refuting and denying all allegations made in the complaint

except those that are assertions of fact as a matter of public record.

The Company believes Crescent’s lawsuit is without merit

and intends to vigorously defend itself, as well as Placer Mining Corp.

pursuant to the Company’s indemnification of Placer Mining

Corp in the Sale and Purchase agreement executed between the companies for the Mine on December 15, 2021.

and Bunker Hill Mining Corp are named as co-defendants.

Bunker Hill responded to the amended filing, refuting and

denying all allegations made in the complaint except those that are assertions of fact as a matter of public record.

The Company believes

Crescent’s lawsuit is without merit and intends to vigorously defend itself, as well as Placer Mining Corp.

pursuant to the Company’s

indemnification of Placer Mining Corp in the sale and purchase agreement executed between the companies for the Mine on December 15,

October 26, 2021, the Company asserted claims against Crescent in a separate lawsuit.

1 unchanged sentence

Venzee Technologies

et al, Case No.

2:21-cv-209-REP, filed in the same court on May 14, 2021.

The Company has subsequently executed a tolling agreement

with Venzee in exchange for dropping its lawsuit.

The Company originally filed this lawsuit on May 14, 2021 against other parties but

has since filed an amended complaint to include its claims against Crescent.

This lawsuit has been consolidated into the lawsuit Crescent

filed on July 28, 2021.

(Venzee) et al, Case No.

2:21-cv-209-REP, was filed in the U.S.

District Court for the District of Idaho on May 14, 2021.

has subsequently executed a tolling agreement with Venzee in exchange for dropping its lawsuit.

The Company originally filed this lawsuit

on May 14, 2021 against other parties but has since filed an amended complaint to include its claims against Crescent.

This lawsuit has

been consolidated into the lawsuit Crescent filed on July 28, 2021.

MINE SAFETY DISCLOSURES

4 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings