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 G eologist 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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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

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.