Mineral Hill Announces Death Of Directors Andrew Von Kursell And Milo Filgas

VANCOUVER, Jan. 19, 2023 - Mineral Hill Industries Ltd. (the "Company" or "Mineral Hill") announces with deep sadness the passing of two directors in a very short time, Mr. Andrew von Kursell, a director and the CFO of the Company, on January 17, 2023 and Mr. Filgas last month. Mr. von Kursell has served as a director of the Company since May 2005 and assumed subsequently also the position of chair of the audit and corporate governance committee as well as CFO whereas Mr. Filgas has served as director of the Company since November 2014 and later as independent audit committee member.

Mr. Dieter Peter, President & CEO of Mineral Hill, states that both Mr. von Kursell and Mr. Filgas have been valuable directors who brought a wealth of experience and wisdom to the board and its respective committees and their presence will be greatly missed.

On behalf of the board of directors and management, we will be forever grateful for their services to our company and express our condolences and deepest sympathies to the von Kursell and Filgas families at this time and join the many tributes in mourning their passing.

Mineral Hill is presently in contact with two candidates to replace the open positions and will announce the replacement on its board subsequent to board and regulatory approval.

THE COMPANY SEEKS SAFE HARBOUR

ABOUT MINERAL HILL INDUSTRIES LTD

Mineral Hill is a publicly trading junior mining company focused on the acquisition, exploration, development and possible mining of natural resources, with the objective of further developing its optioned exploration located in south-western British Columbia (the "BC-Project").

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. There is no assurance the property option referred to above will be exercised or the private placement referred to above will close on the terms as stated, or at all. The Company disclaims any intention or obligation to revise or update such statements.

SOURCE Mineral Hill Industries Ltd.