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Bezant Resources PLC - Exercise of Warrants, Total Voting Rights

RNS Number : 5754J
Bezant Resources PLC
22 December 2020
 

           

22 December 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 0.08p per share in terms of the fundraisings announced on;

 

1. 19th June 2020 the Company is issuing a total of 10,937,500 fully paid ordinary shares of 0.002p each in the Company (the "New Ordinary Shares"). The 10,937,500 New Ordinary Shares will rank pari passu with the existing ordinary shares in the Company and.

 

2. 28 August 2020 the Company is issuing a total of 18,750,000 New Ordinary Shares.  The 18,750,000 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 29,687,500 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 30 December 2020.

 

Issued Share Capital: Following the issue of the New Ordinary Shares, the Company's total issued share capital will consist of 3,543,699,116 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 3,543,699,116 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

 

+27 726 118 724

 

  

Beaumont Cornish (Nominated Adviser) 
Roland Cornish

 


+44 (0) 020 7628 3396

Novum Securities Limited (Broker)

Jon Belliss

 

+44 (0) 20 7399 9400

 

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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Price: -

Market: AIM
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