Re Results,Trading Update and AGM

About this update from Bezant Resources Plc

RNS Number : 6074R Bezant Resources PLC 30 June 2020   30 June 2020 Bezant Resources Plc ("Bezant" or the "Company")  Publication of Results, Trading Update & AGM   Bezant (AIM: BZT), the AIM quoted mineral exploration and development company, announces the following update in relation to the publication of its results for the year ended 30 December 2019, trading in relation to the company's cash position and AGM.   Publication of Results: As a result of the impact of COVID-19 in the countries where the Company has companies namely, United Kingdom, Philippines and Argentina the Company has applied for and been granted permission by Companies House in England and AIM to delay the publication of its audited accounts for the year ended 31st December 2019 by three months that is by 30th September 2020. The Company has agreed an audit completion timetable with its auditors which will enable it to meet this extended deadline.   Trading Update:   During the period 1 January 2019 to date the Company has announced amongst other matters;   · On 12 February 2019 the results of a new mining / economic study for the Mankayan project which focussed on, alternative routes to production, a possible five year lead time to production, the incorporation of off-site costs for the first time and an updated analysis that built and improved upon the historic 2014 scoping study.   · On 23 April 2019 the entering into of an option agreement for the acquisition of a 50% interest in the Buffalo Copper Gold Project in Zambia which allowed the company to undertake a low cost assessment of the project. This low cost assessment included the completion of an exploration review and Cu-Au assay work. The Company  announced on 23 April 2020 that the Company has decided not to pursue the Buffalo Copper Gold Project but to instead focus on the Kalengwa Copper Gold Exploration project in Zambia which is referred to below.   · On 20 May 2019 the Company announced the updating of EIA approvals for its Eureka project in Argentina.   · On 7 October 2019 the Company announced the proposed disposal of 80% of its interest in the Mankayan Project in the Philippines to Mining and Minerals Industries Holding Pte. Ltd (MMIH) based in Singapore which was approved by shareholders at the general meeting held on 30 October 2019. As announced on...

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