TSI.L Regulatory News (TSI)

7 February 2017 

Blenheim Natural Resources Plc

("Blenheim" or the "Company")

Result of General Meeting

Blenheim is pleased to announce that at the Company's General Meeting held earlier today, all resolutions were duly passed.

As a result, shareholders have granted the directors the authority to allot and issue, inter alia, 214,285,714 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") and 214,285,714 warrants over Ordinary Shares, pursuant to the conditional placing announced on 18 January 2017. The directors have also been granted the authority to issue 10,714,286 warrants over Ordinary Shares to Cornhill Capital Limited, the Company's joint broker. Further, shareholders have granted the directors the authority to allot and issue up to 60,000,000 Ordinary Shares as partial consideration, should the Company exercise its option to acquire a 30 per cent interest in the Dieba exploration permit (as announced on 18 January 2017).

The Directors have also been granted authority to buy back and cancel all of the deferred shares in issue for an aggregate consideration of £1 at any time prior to 31 December 2017.

Application has been made for the 214,285,714 Ordinary Shares pursuant to the placing, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on the AIM Market of the London Stock Exchange ("AIM"). Dealings on AIM are expected to commence at 8:00 a.m. on or around 8 February 2017 ("Admission").

Total Voting Rights

Following Admission, the issued share capital of the Company will comprise 398,576,614 Ordinary Shares with voting rights attached (one vote per share). The Company does not hold any shares in treasury. This figure of 398,576,614 may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.