VANCOUVER, BC, Aug. 22,
2024 /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 Annual General and Special Meeting (the
"Meeting") was held on August 20,
2024.
All matters provided in the notice of Meeting were approved. The
number of directors was fixed at four. Reno J. Calabrigo,
Eric Peter-Kaiser, Clemens
Franz-Walter Convents and Dieter
Peter were elected to the board of directors. Davidson
& Company LLP, Chartered Accountants were re-appointed as the
auditors of the Company. The Company's Stock Option Plan was
approved.
Also, as was disclosed in the Company's news release dated
August 8, 2024, the approval of
transfer of certain shares of the Company and creation of a new
control shareholder was brought before the Meeting. The
disinterested shareholders of the Company approved the sale and
transfer of up to 11,383,795 common shares of the Company from
Dieter Peter and Merfin Management
Limited to Instant Finance and Consulting AG whose controlling
shareholder and representative is Mr. Boris
Vrabec. The transfer of these shares is subject to
acceptance by the TSXV and has not been completed. If completed,
the transfer will result in the creation of a new control person of
the Company.
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.
