RE: Implication of this RNSToday 17:24
Friday close ..0.0825...0.00 (0.00%) ...Bid: 0.08....Ask: 0.085....Spread: 0.005 (6.25%)
Market Cap: £18.04m
Not sure its good when he features .
https://www.zakmir.com/chart-rundown-may-19/
Bezant Resources plc (LON:BZT) completed a significant fundraise on March 31, 2026, raising £2.07 million (gross) through an oversubscribed share placing and subscription.
Placement Details (March 2026)
Price: 0.065p per share, which represented a 23.5% discount to the previous closing price.
Warrants: Each participant received one warrant for every share subscribed, exercisable at 0.165p for three years.
Purpose: The proceeds were primarily intended to fund the acquisition of an additional 20% interest in the Hope and Gorob copper-gold project in Namibia (increasing Bezant's stake to 90%), as well as mine development and plant improvements.
Recent Share Capital Increases
Following the placement, the company's total issued share capital has increased through several warrant exercises:
May 2026: As of May 1, 2026, the company's total issued share capital reached 21,863,057,172 ordinary shares.
January 2026: Earlier in the year, 350 million and 80 million shares were issued following warrant exercises at 0.06p.