Venture Exchange: MHI Frankfurt Xetra: N8Z1/WKN: AODLHP
Trading Symbols:
TSX Venture Exchange: MHI
Frankfurt Xetra: N8Z1/WKN: AODLHP
OTC Market (US): MHIFF
NEWS RELEASE
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Mineral Hill Industries Ltd.
-Mayfield Business Centre- Ph: 604-278-1135
#1140–13700 Mayfield Place, Fx: 604-278-1139
Richmond, BC, V6V 2E4 Email: [email protected]
Canada www.mineralhill.com
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CORPORATE UPDATE
Richmond, BC, Canada – November 2, 2017
Mineral Hill Industries Ltd. (the “Company” or “Mineral Hill”) wishes to announce that at its Annual General
Meeting held on October 27, 2017 (the “AGM”), Messrs. Rafael Pinedo, Grant Hendrickson, Andrew von Kursell,
Dieter Peter, Eric Peter-Kaiser and Milo Filgas were re-elected as directors and Davidson & Company LLP were
re-appointed as the Company’s auditors.
Also at the AGM, the Company’s shareholders passed a resolution authorizing the Company’s Board of Directors
(“the “Board”) to approve the transfer of the Company’s wholly-owned subsidiary Global Environomic Systems
Corp. (“GSC”) to an affiliated company (“Affiliated Company”). GSC was inactive at the time of the acquisition in
2015 and, due to the company’s committed focus on its acquisition and financing of the OPL236-Project, has
remained inactive subsequent to the acquisition. The Company may have to consider the transfer in order to
facilitate the Company’s committed focus on its resource exploration endeavors for the ensuing year and to not
delay further the development and financing of GSC.
At the board meeting (the “Board Meeting”) held on October 30, 2017, 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
Andrew von Kursell
Rafael Pinedo
Milo Filgas
Corporate Governance & HR Committee
Dieter Peter
Rafael Pinedo
Grant Hendrickson
James Holmes
Exploration Committee
Rafael Pinedo
Grant Hendrickson
Andrew von Kursell
Advisory Board
Eric Peter-Kaiser
Also at the Board Meeting, the Board nominated and approved Messrs. Dieter Peter, Eric Peter-Kaiser and Dr.
Juergen Focke as directors of its subsidiary Global Environomic Systems Corp. (“GSC”). Mr. Peter was also
appointed President and CEO and Mr. Michael Kelm was appointed Corporate Secretary of GSC.
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Mineral Hill Industries Ltd.
-Mayfield Business Centre- Ph: 604-278-1135
#1140–13700 Mayfield Place, Fx: 604-278-1139
Richmond, BC, V6V 2E4 Email: [email protected]
Canada www.mineralhill.com
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The Company also granted an aggregate of 580,000 incentive stock options to its officers, directors and employees
at an exercise price of $0.30 per share. The options are granted for a three-year period and the grant is subject to
vesting provisions.
The Company seeks Safe Harbor
For further information, please contact:
Dieter Peter
President & CEO Phone: (604) 278-1135
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.