Beacon Hill Resources - Re: BHR Stream Log - And back down to .422...

And back down to .422 on the news: Beacon Hill hereby announces that the Company has received a notice of exercise by Darwin Strategic Limited ('Darwin'), to convert £200,000 of Darwin's Convertible Loan Note at a gross conversion price of 0.004304p per share. Details of the Convertible Loan Note were announced to the market on 4 October 2013 pursuant to which 46,468,401 ordinary shares (the 'Convertible Shares') now fall to be issued. Application has been made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on or about 16 June 2014. The Shares will rank pari passu in all respects with all existing ordinary shares in the Company. Following admission of the Shares, the Company's enlarged issued share capital will comprise 1,886,943,957 ordinary shares with voting rights. This figure of 1,886,943,957 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.