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QTWO.V ·

Queensland Gold Hills Announces Change in Executive Roles

Management Changes

Queensland Gold Hills Announces Change in

Executive Roles

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2022) -

Queensland Gold Hills Corp.

(TSXV: OZAU) (OTCQB: MNNFF) (FSE: MB3)

("

Queensland Gold

" or the "

Company

") announces

that Blair Way has stepped down as Chief Executive Officer but will remain on the Company's Board of

Directors. Alicia Milne, currently the Company's President, will be taking on the role as CEO.

About Queensland Gold Hills Corp.

Queensland Gold Hills is focused on conducting modern systematic exploration in the historic goldfields

of Queensland, Australia. Collectively, the Big Hill Gold Project and the Titan Project cover 110 square

kilometers and host 54 high-grade historical gold mines in the Talgai Goldfields of the broader Warwick-

Texas District.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne, President & CEO

Telephone:

1 (800) 482-7560

E-mail:

[email protected]

Twitter:

@QLDGoldhills

Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information

(collectively, "forward-looking statements") within the meaning of applicable Canadian legislation.

Forward-looking statements are typically identified by words such as: "believes", "expects",

"anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled"

or variations of such words and phrases and similar expressions, which, by their nature, refer to future

events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all

statements in this news release that are not purely historical are forward-looking statements and

include statements regarding beliefs, plans, expectations and orientations regarding the future

including, without limitation, any statements or plans regard the geological prospects of the

Company's properties and the future exploration endeavors of the Company. Although the Company

believes the expectations expressed in such forward-looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in the forward-looking statements. Forward-looking

statements are based on a number of material factors and assumptions. Factors that could cause

actual results to differ materially from those in forward-looking statements include failure to obtain

necessary approvals, unsuccessful exploration results, changes in project parameters as plans

continue to be refined, results of future resource estimates, future metal prices, availability of capital

and financing on acceptable terms, general economic, market or business conditions, risks

associated with regulatory changes, defects in title, availability of personnel, materials and equipment

on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving

government approvals, unanticipated environmental impacts on operations and costs to remedy

same. Readers are cautioned that mineral exploration and development of mines is an inherently

risky business and accordingly, the actual events may differ materially from those projected in the

forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors"

in the Company's Management Discussion and Analysis for its recently completed fiscal period,

which is available under Company's SEDAR profile at

www.sedar.com

.

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/134749