Eagle Hill Receives Proceeds From Early Warrant Exercises and Announces Stock Option Grants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2010) - Eagle Hill Exploration Corp. (TSX VENTURE:EAG) ("Eagle Hill" or the "Company") is pleased to announce that 10,099,198 common shares have been issued by the Company pursuant to the early exercise of warrants (the "Warrant Exercise"). The Company received proceeds of $1,957,670 in connection with the Warrant Exercise. The warrants for the Warrant Exercise were issued pursuant to Eagle Hill's $3,175,000 private placement in the fall of 2009. With the receipt of these proceeds, the Company is well capitalized. The proceeds from the Warrant Exercise will be used for exploration expenditures on the Company's Windfall Lake Property.

Stock Option Grants

Eagle Hill is also pleased to announce that it will be issuing incentive stock options to various directors, officers and consultants for the Company, in accordance with the Company's Stock Option Incentive Plan. The Company is proposing to issue 2,550,000 stock options at exercise price of $0.30 per common share, exercisable for a period of five (5) years (the "Options"). Of these Options, 350,000 Options have been granted to Director and Chief Executive Officer P. Bradley Kitchen, 250,000 to Director and Chief Financial Officer Cale Thomas, 550,000 to Director Richard Nemis, 150,000 to Director Andre Tessier, 450,000 to Director John Harvey and 100,000 to Corporate Secretary Amandeep Rai.

At the time of this grant, Eagle Hill has 66,549,657 common shares issued and outstanding. The Options will be subject to TSX Venture Exchange approval.

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects. The Company is set to become an advanced stage gold and precious metal exploration company with its acquisition of the Windfall Lake high grade gold project, located in Urban Township, Quebec, between Val D'or and Chibougamau. Eagle Hill seeks projects that contain or have potential to have large resource potential. The Company's website at www.eaglehillexploration.com and public filings at www.sedar.com provide additional information on its properties and other information with respect to its management and operations.

ON BEHALF OF THE BOARD,

P. Bradley Kitchen, President