Vancouver, BC, August 23, 2024 – Mineral Hill Industries Ltd. (“MHI” or “Company”), a publicly listed company on the TSX Venture Exchange, Deutsche Boerse, and OTC Market, is pleased to announce the following corporate updates following its recent Board of Directors meeting on August 20, 2024.
Mr. Dieter Peter has resigned from his position as Chief Executive Officer and President of the Company due to his retirement. Mr. Reno Calabrigo has been nominated to succeed him in these roles and has accepted the positions following a vote.
Additionally, Mr. Eric Peter-Kaiser has resigned as a Director and Member of the Audit Committee due to other professional commitments. However, he has agreed to serve as interim Chief Financial Officer and interim Corporate Secretary until qualified replacements are appointed in the coming weeks.
The Board extends its gratitude to both gentlemen for their dedicated service to the Company and wishes them success in their future endeavors.
To fill the vacancy left by Mr. Peter-Kaiser, Mr. Calabrigo has nominated Mr. Yves Kandel, a lawyer based in Germany, who has confirmed his acceptance through a “Consent to Act” form.
The Board has decided to appoint members to the Audit Committee at this time and defer the nominations for the Corporate Governance & Human Resources Committee, Environment & Safety Committee, and Advisory Committee to a future Board meeting. Until then, the entire Board of Directors will address and decide on any related committee matters.
The appointed members of the Audit Committee are Franz Walter Convents and Yves Kandel.
Please note that Mineral Hill Industries Ltd. seeks safe harbor, and neither the TSX Venture Exchange nor its Regulation Services Provider assumes responsibility for the accuracy or adequacy of this release.
For more information, please contact CEO Reno J Calabrigo at (647) 402-0957.
