TSX Venture Exchange: MHI
Frankfurt Stock Exchange: N8Z/WKN: AODLHP
Pink Sheets: MHIFF
VANCOUVER, March 22, 2012 /CNW/ - Mineral Hill Industries Ltd. (the "Company" or "Mineral Hill") is pleased to announce the appointment of Mr. David Jackson to the Board of Directors of the Company.
Mr. Jackson is the Chief Executive Officer of Ascot Mining Plc ("Ascot"). He possesses over 35 years' experience with private and public corporations in marketing, senior management and corporate finance internationally. He has provided advisory services to a wide range of companies in Canada and abroad and has founded and co-founded a number of private and publicly traded companies in the real estate, technology and resource sectors. Mr. Jackson has five years of experience as a senior officer and director of two gold and base metals exploration companies and has extensive contacts in many countries.
In February 2012, Ascot completed a share acquisition of approximately 29.7% in Mineral Hill. Ascot's investment will primarily be applied towards the planned re-commissioning and bulk sampling of the Liberty Hill Gold Mine project in the United States. Through this partnership with Ascot, the Company is also looking forward to further developing its substantial lithium property assets and aligning its future common interest in North and South America with Ascot. Mineral Hill will be working closely with Mr. Jackson in bringing value to the Company and its shareholders.
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For further information:
please visit www.mineralhill.com or contact:
President & CEO
Telephone: (604) 685-4170