APPOINTMENT OF DENNIS H. MCKNIGHT TO THE BOARD
Vancouver, BC – March 27, 2013
Mineral Hill Industries Ltd. (the “Company” or “Mineral Hill”) wishes to announce the appointment of Mr. Dennis H. McKnight to its Board of Directors. Mr. McKnight has also agreed to serve as president and director of Mineral Hill’s USA mining subsidiary, Veritas Resources Corp (“Veritas”) which will be the operator of the Company’s gold mining project, the Liberty Hill Mine.
Mr. Dennis H. McKnight is President and CEO of Hi Ho Silver Resources Inc., and has over 35 years of entrepreneurial business development, with the last ten years focused on raising capital for start-up companies. With his background, Mr. McKnight will complement Mineral Hill’s management team to take on a operating leadership position in Mineral Hill and its future mining operations in Veritas.
The Company also wishes to announce that Mr. Hugh Maddin has resigned as a Director to pursue his personal business interests. Mr. Hugh Maddin was a director and member of the various committees for many years and the board of Director would like to thank him for his services during his tenure on the Board.
About Mineral Hill Industries Ltd.
Mineral Hill Industries Ltd. is a Canadian-based Gold and Lithium Exploration and Development Company trading on the TSX Venture Exchange (MHI), the Frankfurt Exchange (N8Z), and the OTC Pink Sheets (MHIFF).
Mineral Hill has recently acquired a fifty percent participation as operator of an open pit “placer gold” project which had been previously in production. The “Liberty Hill Mine” consists of 127 fee simple unpatented mining claims totaling 2,444.75 acres in the heart of the historical California Gold Rush. The Company intends to test a 40,000 cubic yard stockpile of gold bearing material to verify the historical data of the Liberty Hill Gold Mine and to take steps towards bringing the mine into production during 2013/14. Additionally the Company owns a portfolio of three quality lithium properties in Quebec, Canada and holds the option on one additional property adjacent to Canada Lithium Corp, which will make Mineral Hill one of the largest lithium landholders in Québec after Canada Lithium Corp.
For further information, please visit www.mineralhill.com or contact:
|Capital Structure||As of February 18, 2018|
|Issued & Outstanding||11,354,303|
|Options Outstanding||312,500 (@$0.14) - Dec. 17, 2018
741,000 (@$0.30) - Dec 16, 2019
569,500 (@$0.30) - Oct 30, 2020
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.