EAG

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)(FRANKFURT:EH0)
("Eagle Hill" or the "Company"), a Canadian mining company that is advancing the
high-grade Windfall Lake Gold Deposit in Quebec, Canada, is pleased to announce
the terms of a non-brokered private placement of up to $2 million (the
"Offering"). The Offering will consist of up to 18.2 million common shares of
the Company (the "Shares") issued on a "flow-through" basis at a price of $0.11
per Share. The structured transaction will involve the issuance of the Shares,
their donation to charity and subsequent resale by charities to institutional
and accredited investors. 


The Shares will be subject to a four-month hold from the date of closing of the
Offering. Proceeds from the Offering will be used for eligible Canadian
exploration expenses incurred during 2014 at the Company's Windfall Lake Gold
Deposit. The Company will renounce the qualifying expenditures to subscribers of
the Shares for the fiscal year ended December 31, 2013.


The Offering is subject to TSX Venture Exchange acceptance. Interested investors
who are accredited, or can invest more than $150,000 in the Offering, can obtain
additional information by emailing Eagle Hill at info@eaglehillexploration.com. 


The Shares 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 Shares 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, Chairman and Interim CEO

About the Windfall Lake Gold Project

The Windfall Lake Gold Deposit comprises a number of lenses of pyritic
stockworks and shears hosted in Archean felsic and intermediate volcanics
situated in the Urban-Barry Greenstone Belt, approximately 200 km northeast of
Val d'Or, Quebec. SRK Consulting (Canada) Inc. completed a National Instrument
43-101 compliant resource estimate for Eagle Hill in July 2012 based on
historical drilling by Eagle Hill and previous operators. The estimated resource
comprises 1,665,000 tonnes at 10.05 g/t gold (538,000 ounces) in the indicated
category and 2,906,000 tonnes at 8.76 g/t gold (822,000 ounces) in the inferred
category. 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.


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. In August 2013,
Southern Arc Minerals and Dundee Corporation invested an aggregate of $12
million to purchase a controlling interest in Eagle Hill, consolidate ownership
of the Windfall Lake property and fund an aggressive exploration program. 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 of any of the words "will", "will 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 uncertainty involving drilling programs
and the Company's ability to expand and upgrade existing resource estimates; the
regulatory process and actions; the need to work with local communities and
authorities to advance the properties; the need to work with Dundee and Southern
Arc to advance the property; technical issues; new legislation; competitive
factors and conditions; uncertainties resulting from potential delays or changes
in plans; the occurrence of unexpected events; and the Company's ability to
execute and implement future plans. 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 uncertainty related to drill results
and the inclusion of drill results in future resource estimates for the
property. The Company believes the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct. 


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)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

(TSXV:EAG)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024