VANCOUVER, BC, Feb. 22,
2023 /CNW/ - Mineral Hill Industries Ltd. ("MHI" or
"Company"), listed on the TSX Venture Exchange ("TSXV") under the
trading Symbol "MHI", on the Deutsche Boerse, Frankfurt under the trading Symbol "MLN", and
on OTC Market under the trading Symbol "MHIFF", wishes to announce
that its Special Meeting was held on February 21, 2023 according to the Notice of
Meeting given on January 17,
2023.
Disinterested shareholders resolved, that subject to the
acceptance by the TSX Venture Exchange, the Shareholders of the
Company approve the Call-Option transaction between Merfin
Management Limited and Echos Holding AG and the transfer of up to
11,000,000 common shares of the Company from Merfin Management
Limited to Echos Holding AG and its affiliates resulting in a
change in control (the "Call Option").
If exercised, the Call Option will result in a creation of a new
control person of the Company. The Call Option is subject to the
acceptance by the TSX Venture Exchange.
THE COMPANY SEEKS SAFE HARBOR
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.