Mineral Hill Industries Ltd. wishes to announce that the private placement announced on November 8, 2021 has been amended to reflect a bridge financing necessary to commence its due diligence under the terms of the Memorandum of Understanding announced on November 17, 2021 with an overseas corporation which is involved in the business of acquiring and financing mineral resource assets consisting of alluvial gems and [...]
Mineral Hill Industries Ltd. has accepted for filing the Earn-In-Option Agreement dated December 22, 2020 between the Company and Cardinal Geoconsulting, whereby the Company may acquire up to 100% interest in the mineral claims DOT-Apex claim group and Master-ACE claim group located in south-western British Columbia by making cash payments of $50,000, the issuance of 500,000 shares and incurring $347,028 exploration [...]
Mineral Hill Industries Ltd. wishes to announce that the Company has executed a non-binding Memorandum of Understanding with an overseas corporation which is involved in the business of acquiring and financing mineral resource assets consisting of alluvial gems and minerals located in South Africa. This is in addition to the Company's undertaking to acquire the Dot-Apex and Master-ACE claim groups in British Columbia for [...]
Mineral Hill Industries Ltd. wishes to announce that after completion of its initial funding and the respective exploration program for the acquisition of the DOT-Apex claim group, the Company is committed to exercise its exclusive option to acquire a 100% interest in the DOT-Apex claims as approved by its Board of Directors. In connection with the intended exercise of the option referred to above, Mineral Hill is [...]
Mineral Hill Industries Ltd. wishes to announce that it has completed the acquisition of the initial interest in the Dot-Apex Claim group by paying the owner CAD 10,000 and issuing 100,000 shares of the Company as committed under the previously announced Earn-In-Agreement. Further, the Company committed CAD 84,728 for exploration expenditures on the Dot-Apex claims as outlined in the EIO-Agr. The Dot-Apex exploration [...]
Mineral Hill Industries Ltd. wishes to announce that its Annual General Meeting was held on August 27, 2021 according to the Notice of Meeting given on July 23, 2021. The shareholders of the Company passed the resolution to fix the number of directors at five and re-elected Messrs. Grant Hendrickson, Andrew von Kursell, Eric Peter-Kaiser, Milo Filgas and Dieter Peter as directors. The shareholders re-appointed Davidson [...]
Mineral Hill Industries Ltd. wishes to announce the it has closed the initial tranches of its on August 16, 2021 announced private placement offerings of Flow-Through shares referred to as PP1b and dedicated for exploration and development expenses of the Dot-Apex Claim Group under its executed Earn-In Option Agreement. The proceeds from PP1b are CAD 101,010 and Mineral Hill will issue 336,700 Flow-Through shares at a [...]
Mineral Hill Industries Ltd. wishes to announce the it has completed the initial tranche of CAD 101,000 of its private placement offering of Flow-Through shares at CAD 0.30 per share for its exploration development under the Earn-In Agreement referred to as "PP1b" in the News Release of April 27, 2021. These FTS qualify as "flow-through mining expenditures" under the Income Tax Act . The Company has also completed the [...]
Mineral Hill Industries Ltd. wishes to announce that it has received the approval of the TSX Venture Exchange for the on April 30, 2021 announced "Shares for Debt" transaction, to settle the aggregate of $286,711 in loans to insiders of the Company, through the issuance of 1,274,271 common shares of the Company at a deemed price of $0.225 per Share. The Debt Settlements represent accumulated interest-free cash payments [...]
Mineral Hill Industries Ltd. wishes to announce that on April 29, 2021, it submitted the request to the TSXV to settle its outstanding debt to insiders through the issuance of 1,231,404 common shares to Merfin Management Limited and 42,867 common shares to Andrew von Kursell in order to eliminate the cash advances provided by Merfin and Avk of CAD 277,066 and CAD 9,645 respectively. The proposed share price for the [...]
Mineral Hill Industries Ltd. wishes to announce a non-brokered "Private Placement" financing of up to CAD 500,000 in two parts, PP1a and PP1b. The Company's average closing price on the TSXV since the resumption of trading on April15, 2021 including today's closing of CAD 0.182. PP1a will consist of 900,000 units at today's closing price of CAD 0.225 per unit, consisting of one common share and one transferable share [...]
Mineral Hill Industries Ltd. to announce that subsequent to its news release dated December 15, 2020 and February 9, 2021, it has received "Conditional Acceptance" from the TSXV for the proposed transaction entered into a definitive Earn-In Option Agreement with Cardinal Geoconsulting Ltd. to acquire up to a 100% interest in the Dot-Apex Claim Group and the Master-ACE Claim Group , located in south-western British [...]