Eagle Hill Acknowledges Maudore Minerals’ News Release, But No Binding Offer Made

Eagle Hill Exploration (TSXV:EAG,FWB:EH0,OTCQX:EHECF) announces the acknowledgement of the press release issued by Maudore Minerals announcing that it wishes to enter into a business combination with Eagle Hill, and that Maudore has entered into a purchase and sale agreement with Noront Resources for the acquisition of its 25% interest in the Windfall Lake Property.

As quoted in the press release:

At this time, no binding offer has been made by Maudore. The Company is taking appropriate steps to evaluate the proposal made by Maudore to ensure that shareholder value is maximized, and the Company will continue to inform its shareholders of any additional information that is provided. At this time, no action is required by the Company’s shareholders.

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