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GOLDHILLS HOLDING LTD ANNOUNCES MINERAL PROPERTY OPTION AGREEMENT FOR LENNAC LAKE PROPERTY AND FINANCING

Vancouver, BC/ May 2, 2024 Goldhills Holding Ltd. (TSX-V:GHL OTCQB: GODZF. GRYA: Frankfurt )("Goldhills" or the "Company") is pleased to announce that it it has entered a Mineral Property Option Agreement (the "Option Agreement") with Donald MacIntyre and Victor Parsons (collectively, the "Optionors"). This agreement grants Goldhills the option to acquire a 100% interest in the Lennac Lake Property, comprising eight contiguous mineral claims located in the Omineca Mining Division of British Columbia.

In order to exercise the option, the Company must make cash payments of $100,000 to the Optionors over a three-year period. The payments are scheduled as follows: $10,000 upon signing, $20,000 by the first anniversary, $30,000 by the second anniversary, and $40,000 by the third anniversary of the agreement.

Goldhills is also obligated to incur exploration expenditures totaling at least $370,000 by specific milestones: $75,000 by the first anniversary, an additional $100,000 by the second anniversary, and an additional $200,000 by the third anniversary.

Upon commencement of commercial production, Goldhills will pay the Optionors an annual payment in lieu of a net smelter return royalty, beginning at $40,000 CDN per annum.

The Company also announces a private placement financing of up to 5,000,000 common shares at a price of $0.05 per share for total proceeds of up to $250,000 (the "Offering"). The proceeds of the offering will be used for mineral exploration and general working capital purposes.

Closing of the proposed Offering and Option Agreement are subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange.

Goldhills Resources Ltd.

Sergei Stetsenko

CEO and Director

Phone: +380673522641

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

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSX-V. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedar.com.