Beacon Hill Resources Plc. : Results of General Meeting

Beacon Hill Resources plc

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9 January 2013

Beacon Hill Resources Plc / AIM: BHR / ASX: BHU / 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 all resolutions put to the General Meeting of Shareholders held today on 9 January 2013 were passed on a show of hands. 

Details of the proxy votes are as provided in the tables below. 

Resolution 1

Ordinary resolution to grant the directors of the Company authority to allot Relevant Securities pursuant to section 551 of the Companies Act 2006

For	607,886,073
Against	26,065,976
Vote Withheld	3,039,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 2

Special resolution to disapply the pre-emption provisions of section 561(1) of the Companies Act 2006

For	553,708,722
Against	80,243,327
Vote Withheld	3,039,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 3

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of Ordinary Shares to the July Investors upon the conversion of the July Loan Notes

For	633,521,896
Against	420,153
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 4

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of 54,892,016 Ordinary Shares to certain contractors

For	606,954,016
Against	26,988,033
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 5

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of 4,500,000 Ordinary Shares to Fortrend

For	607,041,073
Against	26,900,976
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 6

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of up to 1,125,000 Ordinary Shares to Fortrend upon the exercise of the Fortrend Options

For	607,028,880
Against	26,913,169
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 7

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of US$2,000,000 of Ordinary Shares to Latitude upon the conversion of the Tranche 1 Latitude Loan Notes

For	607,871,705
Against	26,063,169
Vote Withheld	3,056,977
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 8

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of up to 1,500,000 Ordinary Shares to Latitude upon the exercise of the Tranche 1 Latitude Warrants

For	607,878,880
Against	26,063,169
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 9

Ordinary resolution to ratify for the purposes of ASX Listing Rule 7.4 the issue of up to 1,500,000 Ordinary Shares to Latitude upon the exercise of the Tranche 2 Latitude Warrants

For	607,878,880
Against	26,063,169
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 10

Ordinary resolution to approve for the purposes of ASX Listing Rule 7.1 the issue of up to US$2,000,000 of Ordinary Shares to Latitude upon the conversion of the Tranche 2 Latitude Loan Notes

For	608,078,880
Against	25,863,169
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 11

Ordinary resolution to approve for the purposes of ASX Listing Rule 7.1 the issue of up to 12,500,000  Ordinary Shares to Global upon the conversion of the Global Loan Notes

For	608,165,937
Against	25,776,112
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 12

Ordinary resolution to approve for the purposes of ASX Listing Rule 7.1 the issue of up to 625,000 Ordinary Shares in the Company to Global upon the exercise of the Global Warrants

For	608,078,880
Against	25,863,169
Vote Withheld	3,049,802
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 13

Ordinary resolution to approve for the purposes of ASX Listing Rule 10.14 the grant of 5,594,922 Employee Options to Rowan Karstel

For	594,733,118
Against	13,613,174
Vote Withheld	28,645,559
Total Proxy Votes	636,991,851

OUTCOME: PASSED

Resolution 14

Ordinary resolution to approve for the purposes of ASX Listing Rule 10.11 the allotment of 3,636,364 Ordinary Shares to Justin Lewis

For	545,396,014
Against	43,960,519
Vote Withheld	47,635,318
Total Proxy Votes	636,991,851

OUTCOME: PASSED

**ENDS**

For further information, please contact:
Beacon Hill Resources Plc
Rowan Karstel, Managing Director ([e-mail])
Timothy Jones, Group Finance Director ([e-mail])	+ 44 (0) 1372 464 549
David Premraj, Director, Corporate Development ([e-mail])	[phone]
Canaccord Genuity Limited (Nominated Adviser)
Rob Collins / Sebastian Jones	[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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