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REG - Bezant Resources PLC - Update on Hope & Gorob Copper – Gold Project

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RNS Number : 7818G  Bezant Resources PLC  14 March 2024

14 March 2024

 

 

 

Bezant Resources PLC

("Bezant Resources", "BZT" or "the Company")

Update for the Hope & Gorob Copper - Gold Project, Namibia

 

Bezant Resources Plc ("Bezant Resources", "BZT" or the "Company") is pleased
to announce that EPL 7170 owned by the Company's 80% owned subsidiary Hope
Namibia Mineral Exploration (Pty) Ltd has been renewed for 2 years from 22
October 2023 pending the obtaining of an environmental clearance certificate
(ECC) from the Ministry of Environment, Forestry and Tourism. The Company has
engaged an experienced environmental consultant well-versed in Namibian
environmental legislation to assist with the application for the ECC.

 

In anticipation of a near-term issue by the Namibian Ministry of Mines &
Energy of a Mining Licence the Company is continuing with the work programmes
and negotiations in relation to financing and the acquisition of equipment and
existing infrastructure referenced in its 9 February 2024 and 4 December 2023
announcements.

 

 

 Bezant Resources Plc

 Colin Bird                                      +44 (0) 20  3416 3695

 Executive Chairman

 Beaumont Cornish Limited (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)       +44 (0) 20 7186 9952

 Damon Heath

https: www.bezantresources.com

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018 ("UK MAR").

 

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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