Beacon Hill Resources plc Result of General Meeting (1938T)
October 01 2014 - 10:00AM
UK Regulatory
TIDMBHR
RNS Number : 1938T
Beacon Hill Resources plc
01 October 2014
1 October 2014
Beacon Hill Resources Plc / AIM: BHR / Sector: Mining
Beacon Hill Resources Plc ('Beacon Hill or 'the Company')
RESULTS OF GENERAL MEETING
The Board of Beacon Hill is pleased to announce that at the
General Meeting of the Company held earlier today, all of the
resolutions set out in the Notice of General Meeting were duly
passed.
Set out below are the combined Chairman and Third Party votes in
respect of each resolution.
Resolution In Favour Discretion
No. (% of votes cast) (% of votes cast)
1 661,013,768 (99.45%) 121,717 (0.02%)
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2 661,013,768 (99.45%) 121,717 (0.02%)
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3 661,013,768 (99.45%) 121,717 (0.02%)
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4 661,013,768 (99.45%) 121,717 (0.02%)
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On 15 September 2014, Beacon Hill announced details of a
proposed placing of 1,250,000,000 new ordinary shares in the
Company ("Ordinary Shares") of 0.10p each ("Placing Shares"), to
raise approximately GBP1.25 million (the "Placing"). The Placing
Shares are being issued in two Tranches; the "First Tranche Placing
Shares" and the "Second Tranche Placing Shares". The passing of the
resolutions at today's General Meeting enables the Company to issue
and allot to the placees the Second Tranche Placing Shares of
876,958,408 Ordinary Shares.
An application has been made to the London Stock Exchange for
the Second Tranche Placing Shares to be admitted to trading on AIM
and it is expected that admission will take place at 8.00 a.m. on 7
October 2014. Following admission on AIM of the First Tranche
Placing Shares, the total number of shares in issue in the Company
will be 3,736,943,957 Ordinary Shares of 0.01p each, all of which
are voting shares.
**ENDS**
For further information, please contact:
Beacon Hill Resources Plc
Justin Farr-Jones, Chairman (jfarr-jones@bhrplc.com)
Rowan Karstel, Chief Executive Officer (rowan.karstel@bhrplc.com)
Canaccord Genuity Limited (Nominated Adviser
and Broker)
Neil Elliot / Joe Weaving +44 20 7523 8000
St Brides Media & Finance Limited (Financial
Public Relations)
Susie Geliher / Elisabeth Cowell +44 20 7236 1177
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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