Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation

March 05, 2010 08:00 ET

Eagle Hill Sets AGM, Sponsors Delegates Lounge at PDAC and Engages MI3 Communications Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) announces their upcoming Annual General and Special Meeting of Shareholders on Thursday, March 11th, 2010 at 4:00 pm in Toronto, Ontario (the "Meeting"). The Meeting will be held at the National Club located at 303 Bay Street, in the Blake Lounge with a Corporate Presentation to follow immediately after. Shareholders and interested parties are invited to attend to meet with members of the board of directors.

In addition to general matters, the appointment of two new directors, Mr. Richard Nemis and Mr. John Harvey, is subject to shareholder approval at the Meeting. These pending appointees are nominated along with the current management of Eagle Hill, consisting of: Brad Kitchen, President and Chief Executive Officer; Cale Thomas, Director and Chief Financial Officer; Andre Tessier, Director and Head of Exploration; and Amandeep Rai, Corporate Secretary.

PDAC Delegates Lounge Sponsorship
Eagle Hill is holding the Meeting in Toronto to correspond with their sponsorship of the Delegates Lounge at the Prospectors and Developers Association of Canada Convention ("PDAC") this March 7th – 10th. The Delegates Lounge will be located on the 700 level of the Metro Toronto Convention Centre's South Building.

"Eagle Hill is evolving as member of the mining community this year." said President and CEO, Brad Kitchen. "Sponsorship of vital conferences and connecting with members of the community is critical to ensure the message regarding the exciting work we are doing at our Windfall Lake Property is communicated and understood."

MI3 Communications Financières Inc.
The Company is also pleased to announce that they have entered into a Public Relations Agreement (the "Agreement") with a Montreal based company, MI3 Communication Financières Inc. ("MI3").

"Eagle Hill is very excited to have MI3 on its public relations team. With their extensive communications knowledge and their prominence within the venture capital community in Quebec, they will provide much needed assistance for Eagle Hill in getting its message to the Quebec market." stated Mr. Kitchen

Eagle Hill will pay MI3 a fee of $12,500 for the first and last month and $4,800 per month afterwards. Eagle Hill will issue MI3 up to a maximum of 300,000 incentive stock options (the "Options"). The Options are exercisable for a period of two (2) years and in accordance with the TSX Venture exchange policies, 25% of the Options will vest each quarter after a preliminary three (3) month hold period, with exercise prices to be set at a future date.

The Agreement has an initial term of twelve (12) months but can be cancelled, with thirty (30) day notice, by either party after five (5) months. This Agreement is subject to regulatory approval.

About MI3 Communications Financières Inc.
MI3 is a new age financial communication service company, geared for today's fast paced global economy. Based in Montreal, MI3 has a general financial communications program made up of the following services: proactive retail and institutional marketing, online communication, market intelligence, market making services, strategic communication, search engine optimization, online marketing campaigns and webcasts. These services are provided for small, mid, and large-cap public companies trading both on U.S and Canada's capital markets throughout North America.

MI3's strength relies on its experienced team. These remarkably experienced financial professionals have, through the years, created a privileged high-value network of individuals and institutions.

In addition, MI3 has entered into agreements with three very innovative marketing communication companies. This combination allows MI3 to offer a comprehensive end-to-end communication solution for those public companies interested in increasing their shareholder value.

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects. The Company is set to become an advanced stage gold and precious metal exploration company with its acquisition of the Windfall Lake high grade gold project, located in Urban Township, Quebec, between Val D'or and Chibougamau. Eagle Hill seeks projects that contain or have potential to have large resource potential. The Company's website at www.eaglehillexploration.com and public filings at www.sedar.com provide additional information on its properties and other information with respect to its management and operations.


P. Bradley Kitchen, President

This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.

Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "planned", "expects" or "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. 

Forward-looking statements are based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the company's publicly filed documents. Although both companies have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

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