Benjamin Hill Mining is pleased to announce that, further to its previous news releases posted on Jan 31, 2024 and April 9, 2024, it has entered into a formal agreement with Aion Mining Corp. whereby the Company will acquire a further interest in Aion to bring the Company's total interest to 40%. Pursuant to the formal agreement, the Company will acquire common shares of Aion in order to bring the total ownership of the [...]
Benjamin Hill Mining is pleased to announce that it has entered into a marketing and distribution service agreement with an arm's-length marketing firm, Hillside Consulting and Media Inc. of Penticton BC, to provide digital marketing services, including SEO, PPC, email, YouTube and social media channels to increase corporate awareness for a term of 3 months. The media disseminated will be generated using publicly [...]
Benjamin Hill Mining is pleased to announce the ground staking of 18 new claim blocks, totalling approximately 376 hectares west and northwest of the current claim blocks. These claim blocks cover the prospective western trend of the Alotta geophysical/geochemical anomalies as indicated in Figure 1. The Alotta property now consists of a total of 96 mineral claims that cover approximately 1,926 hectares that is located 50 [...]
Benjamin Hill Mining wishes to offer clarification pursuant to the new release on April 9, 2024, updating the consideration to increase its interest in Aion Mining Corp to 40%. The LOI Extension Agreement, previously announced April 5, 2024, extends the exclusivity period between the Company and Aion in the LOI until April 15, 2024, and the transaction is expected to close within that time. About Benjamin Hill Mining [...]
Benjamin Hill Mining is pleased to announce that, further to its previous news release on Jan 31, 2024, it has altered the consideration for its proposed acquisition of a further interest of Aion Mining Corp. bringing the Company's total interest in Aion to 40%. Proposed Transaction Originally, the total consideration of $1,875,000 for the Proposed Transaction was to be paid to Aion by the payment of $500,000 in cash and [...]
Benjamin Hill Mining is pleased to provide an update on advancements Aion Mining's fully permitted Colombian coal project. Aion Mining reports significant progress in civil earth movement contract with completion reaching 88% and facilities works. Noteworthy achievements include the movement of approximately 10,170 m3 of earth material, the profiling of 1,929 m2 of slope, and the conformation of 2,091 m2 of the final [...]
Benjamin Hill Mining is pleased to announce that it has closed its previously announced private placement financing of an aggregate of 8,352,750 units at a price of $0.64 per Unit for aggregate gross proceeds of $5,345,760. The Offering was conducted on a "best efforts" private placement basis by Eight Capital, as lead agent and sole bookrunner. The Offering was structured such that 6,792,500 Units for aggregate proceeds [...]
Benjamin Hill Mining Corp. is pleased to announce that it has entered into an engagement letter agreement with Eight Capital pursuant to which the Agent will act as the agent for the Company on a "best efforts" agency basis in connection with a private placement of up to 7,812,500 units of the Company at a price of $0.64 per Unit for a gross proceeds to the Company of up to $5,000,000 . The Offering has been structured [...]
Benjamin Hill Mining Corp. is pleased to announce assay results from the inaugural diamond drill holes that intercepted 211.65 metres of 0.46 grams/tonne gold in extensive porphyry style mineralization at the Alotta gold-copper-molybdenum target in the west-central Yukon . Table: 1 Hole Number From To Interval * Au Cu ALT-23-01 7.35 219.00 211.65 0.46 0.02 including 97.55 120.00 22.45 1.20 0.02 including 104.97 105.61 [...]
Benjamin Hill Mining Corp. is pleased to announce that the Company has entered into a market making services agreement with Independent Trading Group Inc. whereby ITG will trade shares of the Company on the CSE and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. The agreement is for an initial term of one month and will renew for [...]
Benjamin Hill Mining Corp. is pleased to announce the company has appointed Mr. Matt Warder as Strategic Industry Advisor. Mr. Warder will provide coal industry analysis and help tailor corporate development strategy, in conjunction with the company's senior management team. Matt Warder is an energy, metals, and mining analyst with nearly two decades of experience covering the natural resource and industrial sectors. As [...]
Benjamin Hill Mining Corp. is pleased to announce that it has entered into a non-binding letter of intent with Aion Mining Corp. outlining the general terms and conditions of a proposed transaction whereby the Company will acquire a further interest in Aion to bring the Company's total interest in Aion to 40% . Key Points to the La Estrella Coal Project: The property contains eight known seams of metallurgical and thermal [...]
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