Bezant Resources PLC Exercise of Warrants, Total Voting Rights (8958Y)

TIDMBZT

RNS Number : 8958Y

Bezant Resources PLC

17 May 2021

17 May 2021

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 the Company is issuing a total of 43,437,500 fully paid ordinary shares of 0.002p each in the Company (the "New Ordinary Shares") in terms of the fundraisings announced on:

   1.   19(th) June 2020 the Company is issuing a total of 18,750,000 New Ordinary Shares; and 
   2.   28(th) August 2020 the Company is issuing a total of 24,687,500 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 43,437,500 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 21 May 2021.

Issued Share Capital : Following the issue of the New Ordinary Shares, the Company's total issued share capital will consist of 3,939,951,615 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 3,939,951,615 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 
 Colin Bird 
 Executive Chairman                      [phone] 
Beaumont Cornish (Nominated Adviser) 
 Roland Cornish                         [phone] 
Novum Securities Limited (Broker) 
 Jon Belliss                           [phone] 
 

or visit 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").

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEUBOVRASUVAAR

(END) Dow Jones Newswires

May 17, 2021 11:36 ET (15:36 GMT)