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Bezant Resources ( (GB:BZT) ) has issued an update.
Bezant Resources has announced a successful fundraising effort, raising £560,000 to further develop its Hope and Gorob copper-gold project in Namibia and for general corporate purposes. In a strategic move to conserve cash, the company will issue shares to directors and consultants to settle fees, with shares offered at a premium to the fundraising price. This initiative strengthens Bezant’s financial position, potentially enhancing its market presence and operational capacity in the copper-gold sector.
More about Bezant Resources
Bezant Resources Plc is a copper-gold exploration and development company with a market focus on advancing its Namibian Hope & Gorob copper gold mining operation. The company is listed on AIM under the ticker BZT.
YTD Price Performance: 15.00%
Average Trading Volume: 43,967,393
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £2.89M
Find detailed analytics on BZT stock on TipRanks’ Stock Analysis page.
