TSX Venture Exchange: MHI
Frankfurt Stock Exchange: N8Z1/WKN: AODLHP
Pink Sheets: MHIFF
VANCOUVER, Nov. 21, 2013 /CNW/ - Mineral Hill Industries Ltd. (the
"Company" or "Mineral Hill") wishes to announce that its Board of
Directors has decided to extend the term of 3,048,750 share purchase
warrants (the "Warrants") issued on December 14, 2011 and with an
expiry date of December 14, 2013 for an additional two years ending
December 14, 2015.
The Directors recognize that the Warrants are unlikely to be exercised
before the expiry date and believe that the extension will provide the
investors with an opportunity retain their warrants for an extended
period while economic conditions within the industry improve. The
amendment will also provide the Company with a potential source of
additional capital over the next 24 months.
The amendment is conditional on the final approval of the TSX Venture
About Mineral Hill Industries Ltd.
Mineral Hill Industries Ltd. is a Canadian-based Gold and Lithium
Exploration and Development Company trading on the TSX Venture Exchange
(MHI), the Frankfurt Exchange (N8Z1), and the OTC Pink Sheets (MHIFF).
Mineral Hill has optioned a fifty percent participation of an open pit
"placer gold" project which had been previously in production. The
"Liberty Hill Mine" consists of 127 fee simple unpatented mining claims
totaling 2,444.75 acres in the heart of the historical California Gold
Rush. The Company will operate the Liberty Hill Gold Mine through its
USA wholly owned subsidiary Veritas Resources Corp. and will test an
existing stockpile of material to verify the historical data.
Additionally, the Company has acquired a portfolio of four quality
lithium properties in Québec, Canada, which will make Mineral Hill one
of the largest potential lithium landholders in Québec after Canada
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.
SOURCE: Mineral Hill Industries Ltd.
For further information:
please visit www.mineralhill.com or contact:
President and CEO
Mineral Hill Industries Ltd.
Telephone: (604) 685-4170