Saturday, October 17, 2026
MiningNewsTerminal
Saturday, October 17, 2026 Admin

GST.V ·

Mineral Hill Industries Ltd. Issues Shares to Settle Long Term Loans.

Debt & Credit Facilities Share Capital & Compensation

Trading Symbols: TSX Venture Exchange: MHI Frankfurt: N8Z1/WKN: AODLHP OTC Market (US): MHIFF

NEWS RELEASE

Mineral Hill Industries Ltd. Issues Shares to Settle Long Term Loans.

Vancouver, BC, Canada - November 12, 2018 Mineral Hill Industries Ltd. (the “Company” or “Mineral Hill”) wishes to announce that in reference to its News Release dated October 17, 2018, the TSX Venture Exchange (the “TSX-V”) has accepted for filing the Company’s proposal to issue 6,468,910 common shares to Merfin Management Limited (“Merfin”) and 585,975 common shares to Infogen Research Limited (“Infogen”) respectively to settle long outstanding insider loans. The shares will have no warrants attached and the cost of $0.155 per share was calculated based on the weighted average trading price for the previous two months. Merfin and Infogen agreed to a voluntary holding period of four months from the issuance date. The shares have been issued and the long-term insider debt has been herewith extinguished. The Company is pleased that both lenders showed faith in Mineral Hill’s future and Management is looking forward to the Company’s new endeavors within the energy business.

The Company seeks Safe Harbor

For further information, please contact:

Dieter Peter. President & CEO Phone: (604) 617-6794

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.

HO:

#170- 422 Richards Street, Tel : 604-617-6794 Vancouver, BC, Canada, V6B 2Z4 Fax:604-568-9844 www.MineralHill.com Email:[email protected]