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Issue of Equity

14th Oct 2010 08:09

RNS Number : 3785U
Beacon Hill Resources plc
14 October 2010
 



Beacon Hill Resources plc / Ticker: BHR / Index: AIM / Sector: Mining

14 October 2010

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

Issue of Equity

 

Beacon Hill Resources Plc, the AIM listed resource company, has today issued 4,545,456 new ordinary shares of 0.25 pence each following the partial conversion by a holder of the convertible loan notes issued on 19 July 2010. Following this conversion, the enlarged issued share capital of the Company, will comprise 268,307,136 ordinary shares of 0.25 pence each.

 

The Company has made application for the new ordinary shares to be admitted to trading on AIM, which is expected will occur, and dealings in the shares will commence, on 19 October 2010. The new ordinary shares will, when issued, rank pari passu in all respects with the existing issued shares of Beacon Hill, including the right to receive any dividends and other distributions declared following Admission.

 

 

**ENDS**

 

For further information on the Company, visit: www.bhrplc.com or contact:

 

Justin Lewis

Chairman, Beacon Hill Resources Plc

+61 (0) 3 8637 1540

+61 439 162369

William Vandyk

Astaire Securities Plc

+44 (0) 20 7492 4750

Charles Vaughan

Astaire Securities Plc

+44 (0) 20 7492 4750

Hugo de Salis

St Brides Media & Finance Ltd

+44 (0) 20 7236 1177

Susie Callear

St Brides Media & Finance Ltd

+44 (0) 20 7236 1177

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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