Trading Symbols: ---------------- TSX Venture Exchange: MHI Frankfurt Stock Exchange: N8Z/WKN: AODLHP Pink Sheets: MHIFF
VANCOUVER, April 29 /CNW/ - Mineral Hill Industries Ltd. ("MHI" or the "Company") is pleased to announce that its common shares have been quoted on the Pink Sheets Electronic Quotation Service under the ticker symbol "MHIFF". MHI's listing on the OTC Pink Sheets is an initial step in enabling the Company to increase its exposure to the U.S. markets.
Mineral Hill is a natural resource company engaged in the acquisition, exploration and development of mineral properties. The Company's properties are 100% interest in 35 mineral claims, covering 12,475 hectares situated in the Skeena Mining Division in the Province of British Columbia.
The Company also has significant equity interests in Nass Valley Gateway Ltd., ("NVG") a company listed on the Canadian National Stock Exchange ("CNSX"). NVG is an exploration company engaged in the acquisition, exploration and development of rock quarry and mineral resource properties primarily in Canada. NVG's main focus is its exploration concessions in the Nass Bay region, situated in the Nisga'a Nation's lands and the adjacent claims of Crown land in northern coastal British Columbia. Gitxat'in Development Corporation (a private company of which the Laxgalts'ap Village Government owns 100% of the outstanding shares on behalf of the community of Greenville), controls the other significant equity interest in NVG. A National Instrument 43-101 report dated February 19, 2008, prepared by Erika J. Shepard and Tim Henneberry, P. Geo., an independent Qualified Person was filed on SEDAR. NVG will carry out the two recommendations of the Technical Report, namely an additional drilling program on the grid to expand the data base regarding rock quality and extent, and a bulk sampling program for product marketing and analysis as soon as financing is available.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.