SOURCE: Fernhill Corporation

April 22, 2013 08:01 ET

Fernhill Announces Update on Corporate Activities

LAS VEGAS, NV--(Marketwired - Apr 22, 2013) - Fernhill Corporation (PINKSHEETS: FERN) is pleased to announce an update on its corporate activities.

As part of the company's restructuring plan, Fernhill Corporation has recently engaged the services of a new transfer agent 'VStock Transfer' out of New York, NY. Fernhill would also like to announce that it is taking the required steps towards moving to the higher tier level status of 'Current Information'. As the company moves towards this status the financials for Q1 of 2013 is in process and can be viewed at in the upcoming weeks.

Over the past few months the company has been reviewing potential applicants to bring on board its management team. It is the desire of the company to bring on board an individual(s) which will enhance its value, access and accessibility to current and future projects.

Its "Silver Bell Mine Property" located on the south shore of Horne Lake, approximately 15 kilometers northeast of Port Alberni, British Columbia.

We encourage our shareholders to visit our website as we have uploaded detailed information of the Silver Bell Mine Property. The company is encouraged by discoveries by other mining companies within our region and management is positive on the prospects of its flagship project and is looking forward to initiate its work program for 2013, details of what the work program consists will be mentioned once finalized.

As stated in previous press releases, the Company strongly believes that its strategic location of the Silver Bell Mine Property provides an excellent opportunity to develop the property either independently or through strategic partnerships.

The Nanaimo Mining Division in general, is important to the province of British Columbia as large deposits of gold, silver, and copper have been discovered. We hope to have a strong 2013 as we begin to put together our work program.

Forward Looking Statements and Safe Harbor Statement:

This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.

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