BHR.L Regulatory News (BHR)

Beacon Hill Resources plc / Ticker: BHR / Index: AIM / Sector: Mining

11 March 2010

Beacon Hill Resources Plc ('Beacon Hill' or 'the Company')

Placing

Beacon Hill Resources Plc, the AIM listed resource company, is pleased to announce that it has placed 125,000,000 new ordinary shares of 0.01 pence each at a price of 0.265 pence per share ('Placing Shares'). The Placing Shares have been subscribed for by Fortrend Securities Pty Limited ('Fortrend') pursuant to its agreement with Beacon Hill as previously announced on 2 March 2010. In addition, the Company has granted Fortrend options over 31,250,000 ordinary shares exercisable at 0.294p per share for a period of 3 years. The proceeds of the placing will be used to for general working capital.

Following their admission, the Placing Shares will represent 1.9 per cent. of the enlarged issued share capital of the Company, which will then comprise 6,464,667,000 ordinary shares of 0.01 pence each.

The Placing is inter alia conditional on admission of the Placing Shares being admitted trading on AIM ('Admission'). It is expected that Admission will occur, and dealings in the Placing Shares will commence, on 16 March 2010. The Placing Shares will, when issued, rank pari passu in all respects with the existing issued shares of Beacon Hill, including the right to receive any dividends and other distributions declared following Admission.

**ENDS**

For further information on the Company, visit: www.bhrplc.com or contact: