6th Jan7 Apr 2022 02:53
6 January 2022
Bezant Resources Plc
("Bezant" or the "Company")
Director's dealing and issue of shares
Bezant (AIM: BZT), the AIM quoted copper-gold exploration and development company, further to its announcement on 9 December 2021 in relation to the General Meeting ("GM") held on Wednesday 29 December 2021 and its announcement on 29 December 2021 that all resolutions at the GM were passed announces that as approved by shareholders at the GM it intends to settle outstanding remuneration is owed to a director of the Company, Colin Bird, amounting to GBP80,000 and fees of GBP50,000 owed to Quantum Capital & Consulting Limited, a personal service company of Michael Allardice who is a person discharging managerial responsibilities on behalf of the Company (collectively, the "Accrued Fees") by the issue 100,000,000 ordinary shares of 0.002p each ("Ordinary Shares") (the "Accrued Fee Shares") and 50,000,000 warrants over Ordinary Shares exercisable at 0.25 pence per Ordinary Share valid until 4 November 2024 ("Accrued Fee Warrants") in accordance with the table below: