Mineral Hill Industries Ltd. Announces the Results of the Special Meeting

Trading Symbols:

TSX Venture Exchange: MHI

Frankfurt: MLN/WKN: A1JKJN

OTC Market (US): MHIFF

NEWS RELEASE

HO:

#170- 422 Richards Street, Tel : 604-617-6794

Vancouver, BC, Canada, V6B 2Z4 Fax:604-568-9844

www.MineralHill.com Email:[email protected]

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MINERAL HILL INDUSTRIES LTD. ANNOUNCES THE RESULTS OF THE

SPECIAL MEETING

Vancouver, BC, Canada – February 22, 2023

Mineral Hill Industries Ltd. (“MHI” or “Company”), listed on the TSX Venture Exchange (“TSXV”) under the trading

Symbol “MHI”, on the Deutsche Boerse, Frankfurt under the trading Symbol “MLN”, and on OTC Market under the

trading Symbol “MHIFF”, wishes to announce that its Special Meeting was held on February 21, 2023 according to

the Notice of Meeting given on January 17, 2023.

Disinterested shareholders resolved, that subject to the acceptance by the TSX Venture Exchange, the Shareholders

of the Company approve the Call-Option transaction between Merfin Management Limited and Echos Holding AG

and the transfer of up to 11,000,000 common shares of the Company from Merfin Management Limited to Echos

Holding AG and its affiliates resulting in a change in control (the “Call Option”).

If exercised, the Call Option will result in a creation of a new control person of the Company. The Call Option is

subject to the acceptance by the TSX Venture Exchange.

THE COMPANY SEEKS SAFE HARBOR

For further information, please contact: Dieter Peter, President & CEO, Tel: (604) 617-6794

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.