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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: 0.11 GBX

AIM:BZT
Market: AIM
Market Cap: £1.88 m
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Colin Bird talks significant new JV for Bezant Resources and what's next for...

Colin Bird, chairman of Bezant Resources (LON:BZT), speaks to Proactive London after entering into a joint venture agreement with KPZ International Ltd in relation to the acquisition of a 30% interest in a 974 square kilometre scale exploration licence in the Kalengwa greater exploration area in...

on 6/5/20

2 min read