Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation

September 02, 2010 09:00 ET

Eagle Hill Announces Exercise of Warrants and Upcoming Expiry of Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) is pleased to announce that 100% of the warrants from the Company's August 28, 2009 private placement have been exercised. These warrants were to expire August 28, 2010.

The exercise of the 1,750,000 warrants was at a price of $0.20 per share and resulted in aggregate proceeds to the Company of $350,000.

The Company wishes to remind the holders of the unexercised warrants from the September 29, 2009 private placement that the $0.20 warrants issued as part of the placement are set to expire at 5:00 p.m. Vancouver time on September 29, 2010.

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.

About the Windfall Lake Property

The Windfall Lake Property is comprised of 362 contiguous claims (over 12,000 hectares) in the Abitibi mineralized belt of northern Quebec. This area between Val d'Or and Chibougamau is known for its gold and copper production and excellent infrastructure for exploration and mining. Historically, the Windfall Lake Property has had extensive historic grassroots exploration work. Eagle Hill has signed options with Murgor Resources Inc., Freewest Resources Canada Inc., and Noront Resources Inc. to acquire the Windfall Lake Property.


P. Bradley Kitchen, President

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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