Übernahme der Diamanten Mine in Südafrika abgesagt. Schade, gerade jetzt wo Russland als Diamantenlieferant ausfällt.

Bleiben also noch 20 Millionen Tonnen Magnesium in the ground, sowie Gold und Silber.

Hab dem CEO gebeten die wasze to energy Sparte abzuspalten und seperat
als Spin off fortzuführen.

Wäre To Energy hat das Zeug zum Trendthema. In der Ukraine ideal zur dezentralen Aufarbeitung der Müllberge nach Ende des Krieges.

Mineral Hill cancels MOU, signs LOI with amended terms

2022-02-28 18:12 ET - News Release

Mr. Dieter Peter reports

MINERAL HILL AND GEMSCO AGREE TO TERMIATE THEIR MOU AND NEGOTIATE AN LOI UNDER AMENDED TERMS

After careful consideration of all aspects of the non-binding memorandum of understanding (MOU) announced on Nov. 17, 2021, with an overseas corporation (GEMSco), which is involved in the business of acquiring and financing mineral resource assets consisting of alluvial gems and minerals located in South Africa, Mineral Hill Industries Ltd. and GEMSco have agreed to terminate the MOU and enter into a letter of intent (LOI), with terms resulting in a change of control positions within the company to be announced shortly.

As the parties are not continuing under the terms of the MOU, Mineral Hill is herewith cancelling the bridge financing of $150,000, announced on Dec. 13, 2021, to cover the upcoming costs associated with the completion of a possible reverse takeover (RTO) under the MOU.

The company, as stated within the above news release, will continue this spring with phase II of its exploration, development program and its primary objective to acquire 100 per cent of the Dot-Apex claim group and the Master-ACE claim group, located in southwestern British Columbia, encouraged by the analytical lab results from its phase I exploration program during 2021.

To finance phase II of the 2022 exploration program, the company will very shortly announce a new tax deductible flow-through share financing, qualifying as flow-through mining expenditures under the Income Tax Act (Canada), and a new bridge financing to cover the remaining costs to acquire 100 per cent of the Dot-Apex and Master-ACE claims and for general working capital.

We seek Safe Harbor.