Eagle Hill Exploration Closes on Further Tranche of Financing, Continues to Fill Orders in Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 5, 2014) -

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Eagle Hill Exploration Corporation (TSX VENTURE:EAG)(OTCQX:EHECF) ("Eagle Hill" or the "Company") is pleased to announce that the Company has closed the second tranche of the non-brokered private placement announced on April 22, 2014 (the "Offering"), raising $384,752 to be used for general working capital.

The Company continues to fill orders for the remainder of the Offering to raise up to an additional $787,748 in general working capital. Interested and accredited investors should contact Eagle Hill's Corporate Secretary at 1-855-597-5791 or by email at [e-mail].

The Company has issued 7,695,050 units of the Company (the "Units") at $0.05 per Unit. Each Unit consists of one common share (a "Share") and one share purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder to acquire one Share at a price of $0.08 until June 5, 2016. The Shares, Warrants and Shares issuable upon exercise of the Warrants are subject to a four-month hold expiring on October 6, 2014. Eagle Hill paid a 6% cash finder's fee for placement of 6,800,000 million of the Units. Eagle Hill has received conditional approval from the TSX Venture Exchange for the Offering.

The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

On Behalf of the Board of Directors

John Proust, Chief Executive Officer

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of the high-grade Windfall Lake gold deposit, located between Val-d'Or and Chibougamau in Quebec, Canada. The current mineral resource comprises 2,375,000 tonnes at 9.75 g/t gold (744,000 ounces) in the indicated category and 3,084,000 tonnes at 7.37 g/t gold (731,000 ounces) in the inferred category (Technical Report for the Windfall Lake Gold Project, Quebec prepared by SRK Consulting (Canada) Inc., dated March 3, 2014). These grades make Windfall Lake one of the highest grade resource-stage gold projects in the world. The bulk of the mineralization occurs in the Main Zone, a southwest/northeast trending zone of stacked mineralized lenses, measuring approximately 600 metres wide and at least 1,400 metres long. The deposit remains open at depth and along strike, with additional drilling and technical work planned for 2014. More information is available at www.eaglehillexploration.com.