TSX Venture Exchange: MHI
Frankfurt: MLN/WKN: A1JKJN
VANCOUVER, BC, Feb. 9, 2021 /CNW/ - Mineral Hill Industries
Ltd. ("MHI" or "Company"), listed on the TSX Venture
Exchange ("TSXV") under the trading Symbol "MHI", and on the
Deutsche Boerse, Frankfurt under
the trading Symbol "MLN" has received confirmation from the TSXV
for its review of the Company's executed Earn-In-Agreement
announced on December 24, 2020, in
respect to the proposed transaction to acquire a 100% interest in
the Dot-Apex Claim Group ("Apex-Claims") and the Master-ACE Claim
Group ("ACE-Claims"), located in British Columbia.
On December 28, 2020, the Company
submitted the Transaction Summary Form to the TSXV and is now
finalising the TSXV requested documentation for the final
acceptance. The Company commissioned an independent NI 43-101report
in respect to the Apex-Claims as well as an independent technical
report for the ACE-Claims and is completing the Financial Plan as
part of the necessary documentation to satisfy the requirements
under the TSXV Policies.
The Company seeks Safe Harbor
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future
events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements. There is no assurance the private placement, property
option or reinstatement of trading referred to above will close on
the terms as stated, or at all. The Company disclaims any intention
or obligation to revise or update such statements.
The securities which may
be offered have not been, nor will be, registered under the United States Securities Act of 1933, as
amended, and may not be offered or sold in the United States or to U.S. persons without
registration or applicable exemption from the registration
requirement of such Act. This release does not constitute an offer
for sale of such securities in the United
States of America.
SOURCE Mineral Hill Industries Ltd.