14 March 2024

Bezant Resources PLC

("Bezant Resources", "BZT" or "the Company")

Update for the Hope & Gorob Copper - Gold Project, Namibia

Bezant Resources Plc ("Bezant Resources", "BZT" or the "Company") is pleased to announce that EPL 7170 owned by the Company's 80% owned subsidiary Hope Namibia Mineral Exploration (Pty) Ltd has been renewed for 2 years from 22 October 2023 pending the obtaining of an environmental clearance certificate (ECC) from the Ministry of Environment, Forestry and Tourism. The Company has engaged an experienced environmental consultant well-versed in Namibian environmental legislation to assist with the application for the ECC.

In anticipation of a near-term issue by the Namibian Ministry of Mines & Energy of a Mining Licence the Company is continuing with the work programmes and negotiations in relation to financing and the acquisition of equipment and existing infrastructure referenced in its 9 February 2024 and 4 December 2023 announcements.

https: www.bezantresources.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.