REG - Bezant Resources PLC - Exercise of Warrants, Total Voting Rights

Bezant ResourcesAnnouncement

11/07/2025 15:00

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RNS Number : 7937Q  Bezant Resources PLC  11 July 2025

 

11 July 2025

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 0.02p per share in terms of the fundraising announced
on 24 December 2024 the Company is issuing a total of 105,000,000 fully paid
ordinary shares of 0.002p each in the Company ("Ordinary Shares") (the
"Warrant Exercise Shares"). The Warrant Exercise Shares will rank pari passu
with the existing ordinary shares in the Company.

 

Issue of shares to settle accrued fees: The Company is issuing 35,064,957 new
Ordinary Shares of 0.002p each (the "Consultancy Fee Shares") to settle a
total of £8,961 of consultancy fees due for the six months ended 30 June
2025.  The Consultancy Fee Shares are being issued at 0.02555 pence being the
VWAP for the six month period ended 30 June 2025.  The Consultancy Fee 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 Warrant Exercise Shares, and the Consultancy Fee 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 17 July 2025.

 

Issued Share Capital: Following the issue of the Warrant Exercise Shares and
the Consultancy Fee Shares, the Company's total issued share capital will
consist of 16,180,654,126 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 16,180,654,126
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.

 

 Bezant Resources Plc

+44 (0) 20 3416 3695
 Colin Bird Executive Chairman
 Beaumont Cornish (Nominated Adviser)       +44 (0) 20 7628 3396

Roland Cornish / Asia Szusciak
 Novum Securities Limited (Joint Broker)

 Jon Belliss                                +44 (0) 20 7399 9400
 Shard Capital Partners LLP (Joint Broker)

 Damon Heath                                +44 (0) 20 7186 9952

Beaumont Cornish (Nominated Adviser)

Roland Cornish / Asia Szusciak

+44 (0) 20 7628 3396

Novum Securities Limited (Joint Broker)

Jon Belliss

 

+44 (0) 20 7399 9400

Shard Capital Partners LLP (Joint Broker)

Damon Heath

 

+44 (0) 20 7186 9952

 

or visit http://www.bezantresources.com (http://www.bezantresources.com)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

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