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Bezant Resources ( (GB:BZT) ) has shared an announcement.
Bezant Resources Plc has announced a fundraising initiative of £560,000 to support the pre-development of its Hope & Gorob copper-gold project in Namibia, along with general corporate needs. The fundraising involves issuing new Ordinary Shares to directors and consultants in lieu of fees, with a total of 2.8 billion Fundraising Shares to be issued. This strategic move aims to strengthen the company’s financial position and advance its project development, potentially enhancing its market standing and operational capabilities.
More about Bezant Resources
Bezant Resources Plc is a copper-gold exploration and development company focused on its Namibian Hope & Gorob mining operation. The company is involved in the exploration and pre-development of copper and gold resources, catering to stakeholders interested in these precious metals.
Average Trading Volume: 43,885,167
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £2.65M
For a thorough assessment of BZT stock, go to TipRanks’ Stock Analysis page.