REG - Bezant Resources PLC - Proposed sale of Eureka Project in Argentina

Bezant ResourcesAnnouncement

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RNS Number : 0774H  Bezant Resources PLC  01 May 2025

 

1 May 2025

Bezant Resources Plc

("Bezant" or the "Company")

Proposed sale of Eureka Project in Argentina

 

Bezant (AIM: BZT), the copper-gold exploration and development company,
further to its announcement on 16 April 2025 regarding the conditional share
purchase agreement for the sale of Puna Metals S.A. ("Puna") which holds the
12 licences comprising the Eureka Project located in the Republic of Argentina
("Eureka Project") to Ajax Resources Plc ("Ajax") (LSE: AJAX), (the "SPA")
announces that the Company has agreed with Ajax to extend the Long Stop Date
under the SPA to 21 May 2025. The reason for this is that it is intended that
the completion of the SPA will take place one day after the cancellation of
Ajax's listing on the Official List and trading on the Main Market  which is
expected to occur on 20 May 2025. All other terms of the SPA remain unchanged.

 

 

For further information, please contact:

 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)

 

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 pursuant to the Market
Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

 

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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