NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Eagle Hill Exploration Corporation (TSX VENTURE:EAG)(OTCQX:EHECF) ("Eagle Hill"
or the "Company") is pleased to announce that the Company has closed the final
tranche of the non-brokered private placement announced on April 22, 2014 (the
"Offering"). In this final tranche the Company raised $32,500, bringing the
total raised pursuant to the Offering to approximately $2.74 million, which will
be used for general working capital.


In the final tranche of the Offering the Company issued 650,000 units of the
Company (the "Units") at $0.05 per Unit. Each Unit consists of one common share
(a "Share") and one share purchase warrant (a "Warrant") of the Company. Each
Warrant entitles the holder to acquire one Share at a price of $0.08 until June
20, 2016. The Shares, Warrants and Shares issuable upon exercise of the Warrants
are subject to a four-month hold expiring on October 21, 2014. Eagle Hill has
received conditional approval from the TSX Venture Exchange for the Offering.


The securities offered have not been and will not be registered under the United
States Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or applicable exemption from the registration
requirements. This news release does not constitute an offer to sell or the
solicitation of any offer to buy nor will there be any sale of these securities
in any province, state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such province, state or jurisdiction.


On Behalf of the Board of Directors

John Proust, Chief Executive Officer

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company
focused on the exploration and development of the high-grade Windfall Lake gold
deposit, located between Val-d'Or and Chibougamau in Quebec, Canada. The current
mineral resource comprises 2,375,000 tonnes at 9.75 g/t gold (744,000 ounces) in
the indicated category and 3,084,000 tonnes at 7.37 g/t gold (731,000 ounces) in
the inferred category (Technical Report for the Windfall Lake Gold Project,
Quebec prepared by SRK Consulting (Canada) Inc., dated March 3, 2014). These
grades make Windfall Lake one of the highest grade resource-stage gold projects
in the world. The bulk of the mineralization occurs in the Main Zone, a
southwest/northeast trending zone of stacked mineralized lenses, measuring
approximately 600 metres wide and at least 1,400 metres long. The deposit
remains open at depth and along strike, with additional drilling and technical
work planned for 2014. More information is available at
www.eaglehillexploration.com.


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


Cautionary Note Regarding Forward-looking Statements

This document contains certain forward-looking information and forward-looking
statements within the meaning of applicable securities legislation (collectively
"forward-looking statements"). The use the words "to be" and similar expressions
are intended to identify forward-looking statements. These statements involve
known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in such
forward-looking statements. Such forward-looking statements should not be unduly
relied upon. This document contains forward-looking statements and assumptions
pertaining to the granting of regulatory approval; the timing of receipt of
regulatory approvals; and the use of proceeds raised from the offering. Actual
results achieved may vary from the information provided herein as a result of
numerous known and unknown risks and uncertainties and other factors, including
global financial market events that cause significant volatility. Readers are
cautioned that the foregoing list of factors is not exhaustive. The
forward-looking statements contained in the document are expressly qualified by
this cautionary statement. These statements speak only as of the date of this
document and the Company does not undertake to update any forward-looking
statements that are contained in this document, except in accordance with
applicable securities laws.


Qualified Person

The technical information in this document has been reviewed by Eagle Hill's
Vice President Exploration, Jean-Philippe Desrochers, PhD, PGeo, who has
sufficient experience relevant to the style of mineralization under
consideration and qualifies as a Qualified Person as defined by National
Instrument 43-101.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eagle Hill Exploration Corporation
Rhylin Bailie
Vice President, Communications & Investor Relations
604-697-5791
info@eaglehillexploration.com
www.eaglehillexploration.com

(TSXV:EAG)
過去 株価チャート
から 5 2024 まで 6 2024 のチャートをもっと見るにはこちらをクリック
(TSXV:EAG)
過去 株価チャート
から 6 2023 まで 6 2024 のチャートをもっと見るにはこちらをクリック