Bezant Resources Plc

BZT

GB00B1CKQD97

Diversified Mining

Delayed London S.E. Other stock markets 02:59:59 2024-04-29 am EDT			5-day change	1st Jan Change
0.021 ^GBX	0.00%		-4.55%	0.00%

Mar. 14	Horizonte subsidiary hit with debt injunction	AN
Mar. 05	Bezant Resources extends funding facility repayment	AN

Bezant unleashes 3 billion new shares, stock falls

December 04, 2023 at 06:42 am EST

Bezant Resources PLC - Botswana-focused copper and gold explorer and developer - Raises GBP800,000 from issuing 3.20 billion new shares at 0.025 pence each. Fundraise includes placing of 3.03 billion shares for GBP758,000 and subscriptions for 168.0 million shares for GBP42,000 in total. Executive Chair Colin Bird subscribed for 60.0 million shares at GBP15,000 while Finance Director Raju Samtani subscribed for 48.0 million at GBP12,000, totalling 3.38% of the fundraising amount. Bezant will mainly use proceeds for work on the Hope & Gorob project in Namibia, but some funds will go towards the Kanye project in Botswana, Mankayan in the Philippines and Eureka in Argentina. Adds that it recently completed ore sorting test work at Hope & Gorob.

Current stock price: 0.025p, down 29% on Monday morning in London

12-month change: down 75%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
EURO / ARGENTINE PESO	935.1 ARS	0.00%	+0.76%	-
US DOLLAR / ARGENTINE PESO	874.5 ARS	0.00%	+0.40%	-
EUREKA GROUP HOLDINGS LIMITED	0.535 AUD	0.00%	+0.94%	105M
BEZANT RESOURCES PLC	0.021 GBX	0.00%	-4.55%	2.98M

Latest news about Bezant Resources Plc

Horizonte subsidiary hit with debt injunction	Mar. 14	AN
Bezant Resources extends funding facility repayment	Mar. 05	AN
Bezant Resources advances Namibian copper-gold project	Feb. 09	AN
Bezant Resources Plc Provides an Update for Hope and Gorob Copper-Gold Project Situated Within EPL 5796 in Central Namibia	Feb. 09	CI
Bezant unleashes 3 billion new shares, stock falls	Dec. 04	AN
Bezant Resources Raises GBP800,000 from Share Issuance; Stock Down	Dec. 04	MT
Bezant optimistic after Hope & Gorob estimate	23-10-30	AN
Bezant Resources Updates Mineral Resource Estimate in Namibia Copper Project; Stock Soars	23-10-27	MT
EARNINGS AND TRADING: Equipmake strikes GBP1.8 million London bus deal	23-09-29	AN
Bezant Resources Plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
URA orders Gravelotte parts; Kefi sustains progress	23-09-06	AN
Bezant Resources plc Provides Information on Further Positive Results of Phase 2 Metallurgical Testing Carried Out by Wardell Armstrong International	23-09-06	CI
Bezant Resources reports encouraging results in Botswana	23-07-24	AN
Bezant Resources plc Announces Results from Phase 1 Metallurgical Test Work on West Manganese Sample	23-07-24	CI
Caerus Mineral Resources loss widens during tumultuous 2022	23-07-12	AN
Bezant Resources swings to annual profit; notes volatile copper price	23-06-30	AN
Earnings Flash (BZT.L) BEZANT RESOURCES Posts FY23 EPS GBX0.02	23-06-30	MT
Bezant Resources plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-30	CI
Bezant Resources Plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-30	CI
Bezant Resources Plc Auditor Raises 'Going Concern' Doubt	23-06-28	CI
Bezant agrees extension to loan facility repayment date	23-06-15	AN
FTSE 100 Closes Up 0.3% and Outperforms European Peers after ECB Raises Rates	23-06-15	DJ
London Market Insurers' Underperformance Looks Overdone	23-06-15	DJ
FTSE 100 Closes Up 0.5% on Signs of Moderating US Inflation	23-04-12	DJ
Stocks in the green as US inflation rate cools	23-04-12	AN

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Company Profile

Bezant Resources Plc is a United Kingdom-based copper-gold exploration and development company. The Company also has a manganese project in Botswana. The Companyâs projects include the Hope Copper-Gold Project in Namibia, Kalengwa Exploration Project in Zambia, Eureka Project in Argentina, Mankayan Project in the Philippines, and Kanye Manganese Project in Botswana. The Hope Cooper-Gold project EPL5796 (approximately 345 square kilometers) and adjacent tenures EPL6605 (approximately 570 square kilometers) and EPL7170 (approximately 310 square kilometers) cover an area of approximately 1,200 square kilometers in central Namibia. It owns about 30% interest in the Kalengwa copper and silver project. The Eureka Property covers in excess of 10,000 hectares and is located in the north-west corner of the Jujuy province in northern Argentina. The Mankayan copper-gold project located is located north of Manilla on Luzon Island. The Kanye Manganese Project includes various project licenses.

Sector

Diversified Mining

Calendar

2024-06-26 - Q4 2023 Earnings Release (Projected)

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Sector Integrated Mining

	1st Jan change	Capi.
BEZANT RESOURCES PLC	0.00%	2.98M
BHP GROUP LIMITED	-14.76%	143B
RIO TINTO PLC	-6.38%	117B
GLENCORE PLC	+0.38%	71.07B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+5.25%	50.28B
GRUPO MÉXICO, S.A.B. DE C.V.	+13.30%	48.38B
ANGLO AMERICAN PLC	+37.06%	39.93B
TECK RESOURCES LIMITED	+22.92%	26.1B
HINDUSTAN ZINC LIMITED	+33.33%	21.36B
IVANHOE MINES LTD.	+58.44%	18.64B

Integrated Mining

Bezant Resources Plc

Equities

BZT

GB00B1CKQD97

Diversified Mining

Bezant unleashes 3 billion new shares, stock falls

Stocks mentioned in the article

Latest news about Bezant Resources Plc

Chart Bezant Resources Plc

Company Profile

Income Statement Evolution

Sector Integrated Mining