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Bezant Resources PLC

Bezant Resources PLC - Notice of General Meeting

RNS Number : 8684G
Bezant Resources PLC
11 August 2016
 

11 August 2016

 

Bezant Resources Plc

("Bezant" or the "Company")

 

Notice of General Meeting

Bezant (AIM: BZT), the AIM quoted mineral exploration and development company, announces that a circular containing a notice of general meeting (the "General Meeting"), to be held at the offices of Joelson JD LLP, 30 Portland Place, London W1B 1LZ at 10.00 a.m. on 31 August 2016, has today been sent to those shareholders who have elected to receive hard copy shareholder communications from the Company. The purpose of the General Meeting is to seek shareholder approval to update the relevant board authorities to allot the Company's shares.

As announced on 27 January 2016, the Company's strategy is to assess the economic viability of the Colombian platinum/gold licence areas in the Choco region over which the group holds options.  The licences cover areas of near-surface platinum that have previously supported low cost mining operations.   With a management track record in developing successful platinum assets into production, the Company anticipates undertaking a series of work programmes, during 2016-17, in order, inter alia, to correlate data from historical mining operations, define new platinum areas, undertake advanced separation and recovery test-work and ultimately create a low cost mine plan. Accordingly, additional equity funding will be sought in due course in order to pursue these objectives and secure general working capital for the group.

The notice of General Meeting and form of proxy, together with an explanatory covering letter from the Company's Non-Executive Chairman, can be downloaded from the Company's website at www.bezantresources.com.

 

For further information, please contact:

 

Bezant Resources Plc

Bernard Olivier

Chief Executive Officer

 

Laurence Read

Executive Director / Communications Officer

 

Tel: +61 40 894 8182

 

 

Tel: +44 (0)20 3289 9923

Strand Hanson Limited (Nomad)

James Harris / Matthew Chandler / James Dance

Tel: +44 (0)20 7409 3494

 

Beaufort Securities Limited (Broker)

Elliot Hance

 

Tel: +44 (0)20 7382 8300

 

or visit http://www.bezantresources.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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