Mineral Hill wishes to announce that it will use its best efforts to sell by private placement of up to 3,125,000 units at $0.16 per unit for total proceeds of up to $500,000. Each Unit will comprise one common share and one transferable common share purchase warrant. Each transferable common share purchase warrant is exercisable for one additional common share at $0.22 per share if exercised on or before the first year [...]
Mineral Hill wishes to announce that the Company and Ascot Mining have agreed to resume informative discussions with a view to determine whether there is a mutually acceptable basis for pursuing a business transaction including additional financing for the Company. Ascot is a UK company listed on the London PLUS market and the European Xetra® Exchange with two gold projects in Costa Rica of which one is presently in [...]
Further to the Company's news release dated October 21, 2011, Mineral Hill wishes to announce that the Company has now completed a non-brokered private placement of $487,800 with a subscription of 3,048,750 units of the Company at a price of $0.16 per Unit. Each Unit will comprise one common share and one transferable common share purchase warrant. Each transferable common share purchase warrant is exercisable for one [...]
Mineral Hill wishes to announce that it will use its best efforts to sell by private placement of up to 5.94 million units at $0.16 per unit for total proceeds of up to $950,000. Each Unit will comprise one common share and one transferable common share purchase warrant. Each transferable common share purchase warrant is exercisable for one additional common share at $0.22 per share if exercised during the first year from [...]
Mineral Hill wishes to announce that it will use its best efforts to sell by private placement of up to 4.75 million units at $0.20 per unit for total proceeds of up to $950,000. Each Unit will comprise one common share and one transferable common share purchase warrant. Each transferable common share purchase warrant is exercisable for one additional common share at $0.25 per share if exercised on or before September 19 [...]
Mineral Hill wishes to announce that the Company's common shares will begin trading on a post-consolidation basis when markets open on September 9. As announced in the Company's news release dated August 29, shareholder authorization to effect the share consolidation was approved at the annual general meeting held on July 8, 2011 and the Board of Directors approved the implementation of the share consolidation on August [...]
The Company wishes to announce that further to its news releases dated June 16, 2011 and July 12, 2011, its Board of Directors has approved the implementation of a share consolidation on the basis of twelve (12) pre-consolidated common shares for one (1) post-consolidated common share of Mineral Hill Industries Ltd. as authorized by the shareholders at the Company's annual general meeting held on July 8, 2011. The [...]
Mineral Hill Industries Ltd. announces the resignation of Messrs. Dean Davison and Joseph Breslawski from the Board of Directors of the Company. The Company wishes to thank Messrs. Davison and Breslawski for their services during their brief tenure with the Company.
Mineral Hill wishes to announce that it held its Annual General Meeting on July 8 at which time, Messrs. Rafael Pinedo, Hugh Maddin, Andrew H. von Kursell, Grant Hendrickson and Dieter Peter were re-elected directors and one new director, Mr. Joseph O. Breslawski was added to the Company's board of directors. At the Board meeting following the AGM, one new director, Mr. Dean Davison was appointed to the Board.