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BEZANT RESOURCES PLC

M&A Activity Nov 18, 2019

7515_rns_2019-11-18_4ca6896d-1163-436d-8714-45eac7773b5f.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 7121T

Bezant Resources PLC

18 November 2019

18 November 2019

Bezant Resources Plc

("Bezant" or the "Company")

Completion of Disposal of 80% of the Company's interest in the Mankayan Copper-Gold project, Philippines, to MMIH (Singapore)

Bezant (AIM: BZT), the copper-gold exploration and development company, is pleased to announce, further to its announcement of 13 November 2019, that it has now issued the shares in Asean Copper Investments Limited ("Asean Copper") to MMJV pursuant to the terms the Transaction Agreement and completed the disposal transaction, such that MMJV now holds 80 per cent. of the issued share capital of Asean Copper.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the meanings given to them in the circular dated 11 October 2019.  

For further information, please contact:

Bezant Resources plc

Laurence Read

Chief Executive Officer

Colin Bird

Executive Chairman

Strand Hanson Limited (Nomad)

James Harris / Matthew Chandler / James Bellman

Novum Securities Limited (Broker)

Jon Belliss

or visit http://www.bezantresources.com
Tel: +44 (0)20 3289 9923

Tel: +44 (0)20 7409 3494

Tel: +44 (0)20 7399 9400

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.

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 [email protected] or visit www.rns.com.

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