Eagle Hill Exploration Annual General Meeting and Shareholder Update - Seite 2

On June 9, 2015, Eagle Hill announced a proposed combination with Oban Mining Corporation, Temex Resources Corp., Ryan Gold Corp. and Corona Gold Corporation by way of a share exchange takeover bid by Oban. Oban has the option to revise the structure of the Transaction and to proceed by way of plan of arrangement should it conclude that is necessary or desirable. If completed, the proposed combination would create a new leading Canadian focused gold exploration and development company with approximately $65 million in cash and investments. Completion of the combination is subject to Toronto Stock Exchange approval.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-looking Statements

This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "planned", "proposed" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This document contains forward-looking statements and assumptions pertaining to the following: uncertainty regarding completion of the business combination announced on June 9, 2015 involving Eagle Hill, Oban Mining, Temex Resources, Ryan Gold and Corona Gold; uncertainties resulting from potential delays or changes in plans; and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors, including uncertainty related to drill results and the inclusion of drill results in future resource estimates for the property. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.

Eagle Hill
David Christie
President & CEO
647-253-1144

Eagle Hill
Rhylin Bailie
Vice President, Communications & Investor Relations
604-609-6143
[e-mail]