Results of General Meeting

15 September 2014

Beacon Hill Resources Plc / AIM: BHR / Sector: Mining

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

RESULTS OF GENERAL MEETING

On 28 August 2014, the Company announced details of a General Meeting to be held on 15 September 2014 ("First General Meeting") in relation to a number of resolutions for the proposed Capital Reorganisation. Further to that announcement, 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 £1.25 million (the "Placing"). The Placing Shares are being issued in two Tranches; the "First Tranche Placing Shares" and the "Second Tranche Placing Shares".

The First Tranche Placing Shares are 373,041,592 Ordinary Shares and their issue is conditional, inter alia, on the passing of resolutions set out in the Notice of General Meeting dated 28 August 2014. The Second Tranche Placing Shares are 876,958,408 Ordinary Shares and their issue is conditional, inter alia, on the passing of resolutions at a second General Meeting to be held on 1 October 2014 (the "Second General Meeting").

The Board of Beacon Hill is pleased to announce that, at the General Meeting of the Company held earlier today, the resolutions set out in the Notice of General Meeting were duly passed.

Following the passing of all resolutions, each ordinary share of 0.25 pence each in the capital of the Company (both issued and unissued) (the "Existing Ordinary Shares") has been sub-divided into 25 ordinary shares of 0.01 pence each.

An application has been made to the London Stock Exchange for the First 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 16 September 2014. Following admission on AIM of the First Tranche Placing Shares, the total number of shares in issue in the Company will be 2,859,985,549 Ordinary Shares of 0.01p each, all of which are voting shares.

Set out below are the proxies received in respect of each resolution. 

NB: Percentage of votes cast excludes withheld votes

The Company has today, posted to its shareholders a circular convening the Second General Meeting, to be held at the offices of Memery Crystal LLP, 44 Southampton Buildings, London WC2A 1AP at 10.00am on Wednesday 1 October 2014. The circular can be found on the Company website at www.bhrplc.com.

**ENDS**