27th Feb 2014 18:07
LONDON (Alliance News) - Beacon Hill Resources PLC said Thursday that Darwin Strategic Ltd is converting GBP200,000 of its convertible loan note at a gross conversion price of 0.7050 pence per share.
28.4 million ordinary shares will be issued as a result, which will bring the enlarged issued share capital of the company to 1.7 billion shares.
Shares in Beacon Hill Resources closed up 14.3% at 0.760 pence Thursday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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