Issue of Equity and TVR
Summary by AI BETAClose X
10 September 2026
Bezant Resources Plc
("Bezant" or the "Company")
Exercise of Warrants & Options and issue of share, Total Voting Rights
Bezant (AIM: BZT), the copper-gold exploration and development company, announces that it has issued a total of 85,852,531 fully paid ordinary shares of 0.002p each in the Company ("Shares") which when issued will rank pari passu with the existing ordinary shares in the Company (the "New Shares"). The New Shares comprise
i) 52,000,000 shares issued pursuant to the exercise of warrants at a price of 0.06p per share in terms of the fundraising announced on 4 December 2023 ("Warrant Exercise Shares");
ii) 12,500,000 shares issued pursuant to the exercise of March 2024 share options announced on 15 March 2026 at a price 0.06p per share and 12,500,000 shares issued pursuant to the exercise of March 2024 share options at a price 0.08p per share ("Share Option Shares"); and
iii) 8,852,531 share issued at a price of 0.106748p per share to settle GBP 9,450 of fees due to a consultant in relation to the period ended 30 June 2026 ("Consultant Shares")
Application to trading on AIM: Application will be made to the London Stock Exchange for the Warrant Exercise Shares, Share Option Shares and Consultant Shares (together "New Shares") to be admitted to trading on AIM. It is expected that admission will become effective and that dealings in the New Shares will commence at 8.00 a.m. on or around 15 September 2026 (the "Admission").
Issued Share Capital: Following the issue of the 85,852,531 New Shares the Company's total issued share capital will consist of 22,424,525,088 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 22,424,525,088 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:
|
Bezant Resources Plc Colin Bird Executive Chairman
|
+44 (0) 20 3416 3695 |
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Beaumont Cornish Limited (Nominated Adviser)
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+44 (0) 20 7628 3396 |
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AlbR Capital Limited (Joint Broker) Jon Belliss
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+44 (0) 20 7399 9425 |
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Shard Capital Partners LLP (Joint Broker) Damon Heath |
+44 (0) 20 7186 9952 |
or visit http://www.bezantresources.com
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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