Mineral Hill Industries Ltd.

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 July 06, 2009
Annual General Meeting
 Mineral Hill Industries Ltd. (the "Company") wishes to advise that it held its Annual General Meeting on June 25, 2009 (the "AGM") at which time, Messrs. Dieter Peter, Grant Hendrickson, Andrew H. von Kursell, Hugh Maddin, Rafael Pinedo and Hans Schwabl were elected to the Company's board of directors. Due to his business commitments, Mr. Jim Stypula did not stand for election at the AGM. The Company wished to record its appreciation to Mr. Stypula for his invaluable contributions to the Company during his term as a director.

The Company's shareholders passed the resolution approving and ratifying the number of shares reserved for issuance under the Company's stock option plan to be 2,887,011 shares. The disinterested shareholders also passed a resolution to approve a limit of 20% on grants of stock options to insiders and employees under the Stock Option Plan.

At the board meeting held immediately after the AGM, the following officers and committee members were appointed:

President & CEO & Chairman            Dieter Peter
Chief Financial Officer               Jayram Hosanee
Vice President, Corporate Affairs,    Josephine See
Treasurer & Corporate Secretary

Audit Committee
Andrew von Kursell, Chairman
Hugh Maddin
Hans Schwabl

Corporate Governance & HR Committee
Andrew von Kursell, Chairman
Hugh Maddin
Dieter Peter

Exploration Committee
Andrew von Kursell, Chairman
Grant Hendrickson

Environmental and Safety Committee
Andrew von Kursell, Chairman
Grant Hendrickson


Since all the previous stock options were cancelled in December 2008, the directors have also approved new stock options to purchase 1,442,700 shares in the Company to directors, officers and employees at an exercise price of $0.14 per share for a period of three years, subject to regulatory approval.

Mineral Hill Industries Ltd. ("MHI") is a natural resource company engaged in the acquisition, exploration, and development of mineral and precious metals properties. Further to the Company's news release on May 12, 2009 with respect to its new acquisition of mineral claims in a lithium property project in the Province of Quebec, the Company would be exploring the future of this particular market segment, its potential exploration targets and the Company's approach towards this market.

For further information, please contact:
Dieter Peter
President & CEO
Telephone: (604) 685-4170

Pamela Keck
Investor Relations Coordinator
Telephone (dir): (604) 630-6792

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
 
 

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