TORONTO, ONTARIO -- (Marketwire) -- 01/03/13 -- BE Resources Inc. (TSX VENTURE:BER) ("BE" or the "Company") would like to make the following corporate update. The company's annual general meeting was held on December 31st, 2012. The following items were approved by majority vote at the meeting.

1.  Approval of the new director slate for the upcoming year with the
    inclusion of two new directors. Mr Gary M. Sugar, and, Mr Slavko
    Marinkovich have been appointed to the Board in the place of David
    Tognoni and Robert Lufkin. 
    
2.  The company's proposal for re-domiciling in principle subject to court
    and regulatory approval. 
    
3.  A six for one reverse stock split. 
    
4.  The re-appointment of McGovern, Hurley, Cunningham, LLP as company
    auditors.
    
    And 
    
5.  A change in the company's stock option plan from a fixed plan to a 10%
    rolling plan.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.