Exercise of Warrants & Total Voting Rights

RNS Number : 6752B

Bezant Resources PLC

09 October 2020

 

9 October 2020

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^th June 2020 the Company is issuing a total of 65,625,000 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 65,625,000 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 15 October 2020.

Issued Share Capital : Following the issue of the New Ordinary Shares, the Company's total issued share capital will consist of 3,055,526,039 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 3,055,526,039 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 Regulation (EU) No. 596/2014.

 

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