Result of General Meeting

Tengri Resources

("Tengri" or "the Company")

Result of General Meeting

Tengri Resources (AIM: TEN) announces that at its General Meeting held earlier today, all resolutions were duly passed. Accordingly, each of the 113,918,497 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") will be subdivided into and re-designated as 113,918,497 ordinary shares of 0.1p each and 113,918,497 deferred shares of 4.9p each ("Deferred Shares"), subject to the existing Articles of Association.

 The Deferred Shares will have no significant rights attaching to them and carry no right to vote or participate in distribution of surplus assets.

The effective time and date of the sub-division of the Ordinary Shares will be 8.00am on 28 November 2016.

These resolutions also included approval of changing the name of the company to Forbes Ventures. The change of name will become effective once the General Registry of the Cayman Islands has issued a change of name certificate which is expected to take place in due course. A further announcement will be made when the name change has become effective.

Existing share certificates will remain valid following the completion of the share division and change of name.

ENDS

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