Goldhills Holding Ltd Announces Mineral Property Op Tion Agreement FOR Lennac Lake Property and Financing

GOLDHILLS HOLDING LTD ANNOUNCES MINERAL PROPERTY OP TION AGREEMENT FOR

LENNAC LAKE PROPERTY AND FINANCING

Vancouver, BC/ May 2, 2024 Goldhills Holding Ltd. (TSX-V:GHL OTCQB: GODZF. GRYA: Frankfurt

)(“Goldhills” or the "Company") is pleased to announce that it it has entered a Minera l Property Option

Agreement (the “Option Agreement”) with Donald MacI ntyre and Victor Parsons (collectively, the

“Optionors”). This agreement grants Goldhills the o ption to acquire a 100% interest in the Lennac Lake

Property, comprising eight contiguous mineral claim s located in the Omineca Mining Division of British

Columbia.

In order to exercise the option, the Company must m ake cash payments of $100,000 to the Optionors

over a three-year period. The payments are scheduled as follows: $10,000 upon signing, $20,000 by the

first anniversary, $30,000 by the second anniversar y, and $40,000 by the third anniversary of the

agreement.

Goldhills is also obligated to incur exploration ex penditures totaling at least $370,000 by specific

milestones: $75,000 by the first anniversary, an additional $100,000 by the second anniversary, and an

additional $200,000 by the third anniversary.

Upon commencement of commercial production, Goldhills will pay the Optionors an annual payment in

lieu of a net smelter return royalty, beginning at $40,000 CDN per annum.

The Company also announces a private placement financing of up to 5,000,000 common shares at a

price of $0.05 per share for total proceeds of up to $250,000 (the “Offering”). The proceeds of the

offering will be used for mineral exploration and general working capital purposes.

Closing of the proposed Offering and Option Agreement are subject to a number of conditions,

including receipt of all necessary corporate and regulatory approvals, including approval from the TSX

Venture Exchange.

Goldhills Resources Ltd.

Sergei Stetsenko

CEO and Director

Phone: +380673522641

Neither 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.

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news r elease contains certain “forward-looking informatio n” within the

meaning of applicable securities law. Forward-looki ng information is frequently characterized by words such as

“plan”, “expect”, “project”, “intend”, “believe”, “ anticipate”, “estimate” and other similar words, or statements that

certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinio ns and

estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other

factors that could cause actual events or results t o differ materially from those anticipated in the f orward-looking

statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSX-

V. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control.

There are no assurances that the business plans for the Company as described in this news release will come into

effect on the terms or time frame described herein. The Company undertakes no obligation to update for ward-

looking information if circumstances or management’ s estimates or opinions should change except as req uired by

law. The reader is cautioned not to place undue rel iance on forward-looking statements. Additional inf ormation

identifying risks and uncertainties that could affe ct financial results is contained in the Company’s filings with

Canadian securities regulators, which are available at www.sedar.com .