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RNS Number : 3278L Bezant Resources PLC 12 May 2022
12 May 2022
Bezant Resources Plc
("Bezant" or the
"Company")
Exercise of Warrants, Total Voting Rights
Bezant (AIM: BZT), the copper-gold exploration and development company,
announces:
Issue of new shares upon exercise of warrants: Pursuant to the exercise of
warrants at a price of 0.16p per share in terms of the fundraising announced
on 19 June 2020 the Company is issuing a total of 11,875,000 fully paid
ordinary shares of 0.002p each in the Company (the "New Ordinary Shares"). The
New Ordinary Shares will rank pari passu with the existing ordinary shares in
the Company.
Application to trading on AIM: Application will be made to the London Stock
Exchange for the 11,875,000 New Ordinary Shares, to be admitted to trading on
AIM. It is expected that Admission will become effective and that dealings in
the New Ordinary Shares will commence at 8.00 a.m. on or around 18 May 2022.
Issued Share Capital: Following the issue of the New Ordinary Shares, the
Company's total issued share capital will consist of 5,039,189,252 Ordinary
Shares with voting rights. The Company does not hold any Ordinary Shares in
treasury and accordingly there are no voting rights in respect of any treasury
shares.
Total Voting Rights On Admission, the above mentioned figure of 5,039,189,252
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 to their interest in, Bezant under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Bezant Resources Plc
+44 (0) 20 7581 4477
Colin Bird
Executive Chairman
Beaumont Cornish (Nominated Adviser) +44 (0) 20 7628 3396
Roland Cornish
Novum Securities Limited (Broker)
Jon Belliss +44 (0) 20 7399 9400
Beaumont Cornish (Nominated Adviser)
Roland Cornish
+44 (0) 20 7628 3396
Novum Securities Limited (Broker)
Jon Belliss
+44 (0) 20 7399 9400
or visit http://www.bezantresources.com (http://www.bezantresources.com)
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018 ("UK MAR").
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