Mayfield Business Centre - #1140–13700 Mayfield Place,
Mayfield Business Centre - #1140–13700 Mayfield Place, Richmond, B.C V6V 2E4 Phone: 604-278-1135; Fax: 604-278-1139
www.mineralhill.com
Trading Symbols: TSX Venture Exchange: MHI Frankfurt Stock Exchange: N8Z1/WKN: AODLHP Pink Sheets: MHIFF
NEWS RELEASE
CORPORATE UPDATE
Richmond, BC, Canada – December 21, 2015
Mineral Hill Industries Ltd. (the “Company” or “MHI”) wishes to announce that at its Annual General Meeting held on December 17, 2015 (the “AGM”), Messrs. Rafael Pinedo, Grant Hendrickson, Andrew von Kursell, Eric Peter-Kaiser, Milo Filgas and Dieter Peter were re-elected as directors and Davidson & Company LLP were re-appointed as the Company’s auditors.
The Company appreciated very much that following its News Release December 10, 2015, the representative of its future United Kingdom Partners, Mr. Matthew Rocksborough-Smith, followed MHI’s invitation and took the opportunity to fly in from London to discuss further the Company’s future operational and financing opportunities with the newly elected Board of Directors.
At the board meeting held immediately after the AGM, the following officers and committee members were appointed:
Officers
President & CEO Dieter Peter Interim Chief Financial Officer Andrew von Kursell Corporate Secretary Michael Kelm
Audit Committee Environmental and Safety Committee
Andrew von Kursell, Chairman Rafael Pinedo, Chairman Rafael Pinedo Andrew von Kursell Eric Peter-Kaiser Eric Peter-Kaiser
Advisory Committee
Eric Peter-Kaiser, Soc. Media
The Company also granted an aggregate of 610,500 incentive stock options to its officers, directors and employees at an exercise price of $0.14 per share for a three-year exercise period. The grant of the options is subject to vesting provisions in accordance to the company’s Stock- Option Plan and the approved Stock-Option Agreements between the Company and the option holders.
In its December 11, 2015 news release, the Company announced the extension of 3,048,750 previously issued share purchase warrants (the “Warrants”) with an exercise price of $0.30 per Warrant exercised. MHI wishes to confirm that the TSX Venture Exchange has approved the extension of the Warrants to December 14, 2016.
We Seek Safe Harbor
For further information, please visit www.mineralhill.com or contact:
Email: [email protected] Dieter Peter President & CEO Phone: (604) 278-1132 Fax: (604) 278-1139
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.