Mr. Cole McClay reports

BENJAMIN HILL ANNOUNCES PRIVATE PLACEMENT

Benjamin Hill Mining Corp. has arranged a non-brokered private placement composed of both flow-through units and non-flow-through units.

Flow-through private placement

The flow-through portion of the private placement will comprise 2.4 million FT units at a price of 25 cents per FT unit for aggregate gross proceeds of $600,000, with each FT unit consisting of one flow-through common share and one transferable non-flow-through share purchase warrant. Each NFT warrant will enable the holder to acquire an additional non-flow-through common share of the company at a price of 28 cents per share for a period of three years from the date of issuance.

The FT shares will qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada), and the expenditures will qualify as flow-through critical mineral mining expenditure (as defined in Subsection 127(9) of the tax act). The gross proceeds from the FT units will be utilized for incurring Canadian exploration expenses and flow-through critical mineral mining expenditures (as defined in the tax act).

The gross proceeds from the sale of FT units will be used for general exploration expenditures on the Alotta project as described below.

Non-flow-through private placement

The non-flow-through portion of the private placement will be composed of one million NFT units at a price of 25 cents per NFT unit for aggregate gross proceeds of up to $250,000, with each NFT unit consisting of one common share and one transferable warrant, which will enable the holder to purchase one warrant share of the company at a price of 28 cents per share for a period of three years from the date of issuance.

Total gross proceeds from the private placement will be approximately $850,000.

All FT shares, shares and warrants, as well as warrant shares underlying the warrants, will be subject to a statutory hold period of four months and one day from the date of issuance.

About Benjamin Hill Mining Corp.

Benjamin Hill is a Canadian-listed junior gold exploration company focused on exploring and developing the Alotta project in the Canadian Yukon territory. The Alotta project is a porphyry copper-gold-molybdenum prospect, located 50 kilometres south of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt.

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