Completion of NLZM Processing Plant Acquisition
Summary by AI BETAClose X
17 December 2025
Bezant Resources Plc
("Bezant" or the "Company")
Completion of NLZM Processing Plant Acquisition
Bezant (AIM: BZT), the copper-gold exploration and resource development company, further to its announcements of 14 August 2025, 19 November 2025 and 8 December 2025 confirms that it has now completed the Acquisition of a 90% shareholding in Namib Lead and Zinc Mining (Proprietary) Limited which owns the NLZM Processing Plant.
Unless otherwise indicated, all capitalised terms in this announcement have the same meaning as in the General Meeting Circular dated 19 November 2025.
Colin Bird, Executive Chairman of Bezant, commented
"I am pleased that we have completed the acquisition of Namib Lead and Zinc Mining (Proprietary) Limited which owns the NLZM Processing Plant, which is a pivotal stage in the development of the Hope & Gorob gold project. There is now no encumbrance to the development of Hope & Gorob and we look forward to commencing on ground activities at the start of the new year. We are currently in the desk engineering and preparatory stage of various aspects of engineering and design to ensure a seamless commencement of construction. We will keep shareholders informed on progress."
For further information, please contact:
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Bezant Resources Plc Colin Bird Executive Chairman |
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Beaumont Cornish (Nominated Adviser) |
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AlbR Capital Limited (Joint Broker) Jon Belliss |
+44 (0) 20 7399 9400 |
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Shard Capital Partners LLP (Joint Broker) Damon Heath |
+44 (0) 20 7186 9952 |
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 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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