Mineral Hill Industries Ltd. Announces the Results of the Annual General Meeting, November 13, 2020
VANCOUVER, Dec. 22, 2020 - 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 Meeting was held on December 18, 2020 (the "AGM") according to the Notice of Meeting given on November 13, 2020. The shareholders of the Company passed the resolution to fix the number of directors at five (5) and re-elected Messrs. Grant Hendrickson, Andrew von Kursell, Eric Peter-Kaiser, Milo Filgas and Dieter Peter as directors.
The shareholders re-appointed Davidson & Company LLP as the Company's auditors and re-approved the Company's existing stock option plan.
The shareholders ratified the Board's resolution to extend the due diligence period in reference to the binding Letter of Intent with Southern Colorado Real Estate Ventures Holding LLC dated October 4, 2019 to December 31, 2019 and a further extension to January 31, 2020.
The shareholders ratified the Board of Directors' resolution passed on January 23, 2020 to approve the Definitive Acquisition Agreement with Southern Colorado Real Estate Ventures Holding LLC.
The shareholders also ratified the Board of Directors' resolution passed on May 12, 2020 and April 9, 2020 to mutually terminate the Definitive Acquisition Agreement with Southern Colorado Real Estate Ventures Holding LLC and to unwind the associated Private Placement.
During the subsequent board meeting held on December 21, 2020, the Board of Directors confirmed the following officers and committee members:
| Officers | |
| President and CEO, | Dieter Peter |
| Interim Chief Financial Officer, | Andrew von Kursell |
| Corporate Secretary | Eric Peter-Kaiser |
| Audit Committee Members | |
| Andrew von Kursell, | Member and Chairman |
| Milo Filgas, | Member |
| Grant Hendrickson | Member |
| Corporate Governance & Human Resources Committee | |
| Andrew von Kursell | Chairman and Member who has the primary responsibility to ensure that the Company complies with Exchange policies |
| Milo Filgas | Member |
| Grant Hendrickson | Member |
The following committees were established with the nominations of the members postponed to the ensuing year:
Environmental & Safety Committee
Advisory Committee
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.
Contact
please contact: Dieter Peter, President & CEO, Tel: (604) 617-6794