TSX Venture Exchange: MHI
Frankfurt Stock Exchange: N8Z1/WKN: AODLHP
Pink Sheets: MHIFF
VANCOUVER, Nov. 21, 2013 /CNW/ - Mineral Hill Industries Ltd. (the "Company"
or "Mineral Hill") wishes to announce that its Board of Directors has decided
to extend the term of 3,048,750 share purchase warrants (the "Warrants")
issued on December 14, 2011 and with an expiry date of December 14, 2013 for
an additional two years ending December 14, 2015.
The Directors recognize that the Warrants are unlikely to be exercised before
the expiry date and believe that the extension will provide the investors with
an opportunity retain their warrants for an extended period while economic
conditions within the industry improve. The amendment will also provide the
Company with a potential source of additional capital over the next 24 months.
The amendment is conditional on the final approval of the TSX Venture Exchange.
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 (N8Z1), and the OTC Pink Sheets (MHIFF).
Mineral Hill has optioned a fifty percent participation 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 will operate the
Liberty Hill Gold Mine through its USA wholly owned subsidiary Veritas
Resources Corp. and will test an existing stockpile of material to verify the
Additionally, the Company has acquired a portfolio of four quality lithium
properties in Québec, Canada, which will make Mineral Hill one of the largest
potential lithium landholders in Québec after Canada Lithium Corp.
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.
SOURCE Mineral Hill Industries Ltd.
please visitwww.mineralhill.com or contact: Dieter Peter President and
CEO Mineral Hill Industries Ltd. Telephone: (604) 685-4170
To view this news release in HTML formatting, please use the following URL:
CO: Mineral Hill Industries Ltd.
ST: British Columbia
NI: MNG NASDAQ
-0- Nov/21/2013 23:43 GMT
Press spacebar to pause and continue. Press esc to stop.