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Share Price: 0.0225

Bid: 0.02

Ask: 0.025

Change: 0.001 (4.65%)

Spread: 0.005 (25.00%)

Open: 0.0215

High: 0.0225

Low: 0.0215

Prev. Close: 0.0215

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IN BRIEF: AsiaPhos acquisition of Bezant Resources' MMJV called off

Thu, 08th Apr 2021 18:21

Bezant Resources PLC - copper-gold exploration and development company - Reverse takeover by Singapore-listed AsiaPhos Ltd of company's 100%-owned subsidiary MMJV Ltd is called off.

"AsiaPhos' rationale for the termination of the AsiaPhos is that MMIH will require additional time to find investors to raise the necessary funds for the fundraising which was due to be undertaken as a condition precedent under the AsiaPhos and that due to the ongoing Covid-19 pandemic and travel restrictions AsiaPhos believes that it will not be possible to complete the AsiaPhos before it's long stop date being on or before November 12," company explains.

Bezant was to net GBP6.5 million for the deal.

Current stock price: 0.21 pence

Year-to-date change: down 16%

By Paul McGowan; paulmcgowan@alliancenews.com

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IN BRIEF: Bezant identifies four drill targets at Hope project

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Bezant upbeat on survey results from Hope licence

(Sharecast News) - Copper-gold exploration and development company Bezant announced on Wednesday that the modelling of data and drill hole planning from the airborne electromagnetic (EM) and magnetic survey completed in May over a large part of its Hope copper-gold licence block in Namibia had highlighted four highly-prospective drill targets, ready for drill testing, planned for November.

20 Sep 2021 11:34