Bezant Resources PLC Exercise of Warrants, Total Voting Rights (2758Y)
May 11 2021 - 9:34AM
UK Regulatory
TIDMBZT
RNS Number : 2758Y
Bezant Resources PLC
11 May 2021
11 May 2021
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 0.16p per share in terms of the
fundraising announced on 28 August 2020 the Company is issuing a
total of 6,250,000 fully paid ordinary shares of 0.002p each in the
Company (the "New Ordinary Shares") The 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 6,250,000 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 17 May 2021.
Issued Share Capital : Following the issue of the New Ordinary
Shares, the Company's total issued share capital will consist of
3,896,514,115 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
3,896,514,115 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 Regulations (EU) No. 596/2014 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").
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END
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