Bezant Resources ( (GB:BZT) ) has shared an announcement.
Bezant Resources PLC has announced that IDM International Limited, which holds Bezant’s interest in the Mankayan Copper Gold project, is proposing a merger with ASX-listed Blackstone Minerals Ltd. This merger, facilitated by a scheme of arrangement, is expected to significantly enhance the development prospects of the Mankayan project, providing Bezant with a substantial number of Blackstone shares and options. The merger is positioned as a strategic move to address the global copper supply shortfall, enhancing market profile and potentially attracting greater interest and capital to the combined entity.
More about Bezant Resources
Bezant Resources PLC is a copper-gold exploration and development company, focusing primarily on the Mankayan Copper Gold project in the Philippines.
YTD Price Performance: 15.00%
Average Trading Volume: 27,532,052
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.7M
For an in-depth examination of BZT stock, go to TipRanks’ Stock Analysis page.
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