Goldhills Announces Change of Directors

GOLDHILLS HOLDING LTD.

400 - 837 West Hastings Street Vancouver, British Columbia V6C 3N6 October 13, 2020

TSX.V Symbol: GHL

GOLDHILLS ANNOUNCES CHANGE OF DIRECTORS

Vancouver, BC/ October 13, 2020 Goldhills Holding Ltd. (TSX-V: GHL) (FRANKFURT: GRYA) (the "Company") announces that Mr. Andri Stytsenko has resigned from his position as a director, and that replacing him on the Board of Directors is Mr. Andrew Lee Smith. The Board of Directors would like to thank Mr. Stytsenko for all of his work as a director of the Company.

Andrew is a Professional Geologist who has over 30 years of experience successfully exploring, developing, and operating African and North American base and precious metals mining projects.

He holds an Honours BSc in Earth Sciences from the University of Waterloo and is a member of the Association of Professional Engineers and Geoscientists of British Columbia. Andrew received the Mining Entrepreneur of the Year Award in 1994 from the Quebec Prospectors Association for his role in the development of the Beaufor and Sleeoing Giant mines and was named Outstanding Alumnus of 2009 by the Science Faculty of the University of Waterloo for his contributions to mineral exploration.

Andrew is a member of the Institute of Corporate Directors and achieved the ICD.D accreditation – the only professional designation for Canadian directors recognized both nationally and internationally.

Goldhills Holding Ltd.

Sergei Stetsenko CEO and Director Phone: +380673522641

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Forward-Looking Statements: This release may contain forward-looking statements based on management's expectations, estimates and projections. All statements that address expectations or projections about the future. Some of the forward-looking statements may be identified by words like "expects", "anticipates", "plans", "intends", "projects", "indicates", and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents which may be filed on SEDAR or other applicable platforms that could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the Company does business; competitive pressures; regulatory approval and market acceptance.