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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2011) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) has closed its previously announced private placement (the "Financing") with IBK Capital Corp. of Toronto acting as lead agent and VSA Capital Limited of London, England, as joint broker, (collectively the "Agents"). The Agents have elected to exercise their overallotment option of an additional 4,000,000 common shares (each a "Share") at $0.25, bringing the total issuance under the Financing to 16,000,000 Shares at $0.25 for gross proceeds of $4,000,000. |