Mineral Hill Industries Ltd. Amends Price of Private Placement Offering

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[{"type":"text","content":"\n\n\n\nTrading Symbols:\nTSX Venture Exchange: MHI\nFrankfurt Stock Exchange: N8Z/WKN: AODLHP\nPink Sheets: MHIFF\n\n\nVANCOUVER, May 19 /CNW/ - Mineral Hill Industries Ltd. ( Mineral Hill or\nthe Corporation ) announces that the price of its private placement previously\nannounced on May 12, 2009 will be issued at a price of $0.03 per unit. The\nCompany will issue up to 20,000,000 units for gross proceeds of $600,000. Each\nunit will be comprised of one common share and one common share purchase\nwarrant. Each warrant is exercisable for one additional common share for a\nperiod of five years from the date of closing at $0.05 per share for the first\nyear and at $0.10 per share, if exercised after the first year and for the\nremaining term following the closing.\n\n\nAll the foregoing is subject to regulatory approval.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this news release.\n\n\n","length":1078,"tagName":"div"}]

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