QUEENSLAND GOLD HILLS ANNOUNCES ACQUISITION OF MIA LITHIUM PROJECT IN QUEBEC HOSTING 8KM SPODUMENE-PEGMATITE TREND AND CONCURRENT PRIVATE PLACEMENT FINANCING
/November 28, 2022 – Queensland Gold Hills Corp. (TSX.V: OZAU | OTCQB: MNNFF) (“Queensland Gold” or the “Company”) is pleased to announce that it has entered into an agreement with an effective date of November 21, 2022 (the “Purchase Agreement”) with 9219-8845 QC Inc., a private Quebec company dba Canadian Mining House (“CMH”) and certain investors in CMH (“CMH Nominees”) to acquire a 100% interest in the 86 square kilometre Mia Lithium Property (the “Property”) in the James Bay area of Quebec, Canada (the “Acquisition”).
President & CEO Alicia Milne states, “Our entry into the lithium space represents a new value creation opportunity for our shareholders. Quebec is a top global mining jurisdiction and the James Bay region is a highly attractive investment destination for lithium exploration due to its prolific hard rock lithium endowment. We are looking forward to revealing the enormous potential we see in the Mia project.”
