17 May 2012 17:00
17 May 2012
Beacon Hill Resources Plc / ASX: BHU / AIM: BHR/ Sector: Mining
Beacon Hill Resources Plc
Results of the Annual General Meeting
Beacon Hill Resources Plc advises that all resolutions put to the Annual General Meeting of Shareholders held on 17 May 2012 were passed on a show of hands.
Details of the proxy votes are as provided in the table below.
Resolution 1
Ordinary resolution to receive and adopt the statement of accounts for the Company for the year ended 31 December 2011
For | 292,817,203 |
Against | 1000 |
Vote Withheld | 1,482,807 |
Discretion | 6,109 |
Total Proxy Votes | 294,307,119 |
Outcome: Passed
Resolution 2:
Ordinary resolution to re-elect Justin Lewis, who retires by rotation, as a director of the Company
For | 267,649,574 |
Against | 23,632,268 |
Vote Withheld | 3,000,000 |
Discretion | 25,277 |
Total Proxy Votes | 294,307,119 |
Outcome: Passed
Resolution 3
Ordinary resolution to re-appoint BDO LLP as auditors and to authorise the directors of the Company to fix their remuneration
For | 287,904,533 |
Against | 6,322,279 |
Vote Withheld | 74,198 |
Discretion | 6,109 |
Total Proxy Votes | 294,307,119 |
Outcome: Passed
Resolution 4
Ordinary resolution to grant the directors of the Company authority to allot Relevant Securities pursuant to section 551 of the Companies Act 2006 in the form set out in the Notice of Annual General Meeting
For | 293,217,996 |
Against | 1,022,379 |
Vote Withheld | 55,198 |
Discretion | 11,546 |
Total Proxy Votes | 294,307,119 |
Outcome: Passed
Resolution 5
Special resolution to disapply the pre-emption provisions of section 561(1) of the Companies Act 2006 in the form set out in the Notice of Annual General Meeting
For | 243,028,604 |
Against | 51,211,771 |
Vote Withheld | 55,198 |
Discretion | 11,546 |
Total Proxy Votes | 294,307,119 |
Outcome: Passed
**ENDS**
For further information, please contact:
Beacon Hill Resources Plc |
|
Justin Lewis, Chairman Tim Jones, Group Finance Director | +61 3 9627 9910
|
info@bhrplc.com |
|
Canaccord Genuity Limited (Nominated Advisor & Joint Broker) |
|
John Prior / Sebastian Jones | +44 20 7523 8350 |
Renaissance Capital (Joint Broker) |
|
Rob Edwards | +44 20 7367 7781 |
Halcyon Corporate (Australian Corporate Advisor) |
|
Ryan Whitelegg / Jonathan Tooth | +61 3 9627 9941 |
St Brides Media & Finance (UK Media Enquiries) |
|
Susie Geliher / Elisabeth Cowell | +44 20 7236 1177 |
susie@sbmf.co.uk elisabeth@sbmf.co.uk |
|
Six Degrees Investor Relations (Australian Media Enquiries) |
|
Victoria Thomas | +61 3 9674 0347 |
victoria.thomas@sdir.com.au |
|
NOTES
Beacon Hill Resources
Beacon Hill Resources Plc is focused on building a portfolio of near-term production projects in commodities relating to the steel production industry. Beacon Hill is dual listed on London's AIM Market (Code: BHR) and the Australian Securities Exchange (Code: BHU).
Beacon Hill owns and operates one of only two operating coal mines producing, selling and exporting coal in the Moatize Coal Basin of Mozambique. In addition, the Group has entered into a JV to develop a further coal tenement in Mozambique and holds licences over a significant magnesite deposit in Australia.
More details on Beacon Hill can be found at www.bhrplc.com.