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Bezant Resources secures funding deal for its Mankayan copper project

Bezant Resources PLC's (LON:BZT) Laurence Read tells Proactive London they've entered into a conditional transaction agreement to sell an 80% interest in the Mankayan copper project in the Philippines to Mining and Minerals Industries Holding Pte.Ltd

Read says the project's a significant property and the agreement allows them to secure funding to progress it while also generating value for Bezant.

Quick facts: Bezant Resources PLC

Price: 0.075 GBX

AIM:BZT
Market: AIM
Market Cap: £952.32 k
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Bezant Resources focused on developing its copper and base metals assets in...

Mining Capital's Alastair Ford discusses the recent fundraise by Bezant Resources PLC (LON:BZT) and its focus in 2020. Ford says the company's a fair way into what's being described as an important transitioning period. Recently it’s parted with 80% of the sizeable Mankayan copper and gold...

on 13/12/19

2 min read