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Bezant Resources Extends Loan Repayment with Sanderson Capital

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Bezant Resources Extends Loan Repayment with Sanderson Capital

Bezant Resources ( (GB:BZT) ) has provided an announcement.

Bezant Resources PLC has announced an extension of the repayment date for a £700,000 loan facility with Sanderson Capital Partners Limited, now due by 31 July 2026. This agreement includes a new conversion price set at a 13% premium to the recent closing share price, and provides the company with options for loan conversion and prepayment, potentially impacting its financial strategy and market positioning.

More about Bezant Resources

Bezant Resources PLC is a company engaged in the exploration and development of copper-gold resources. It operates within the mining industry, focusing on the discovery and development of mineral deposits, particularly in copper and gold.

YTD Price Performance: 10.0%

Average Trading Volume: 37,015,581

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.47M

For a thorough assessment of BZT stock, go to TipRanks’ Stock Analysis page.

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