Issue of Shares and TVR

Bezant (AIM: BZT), the AIM quoted copper-gold exploration and development company, announces that in accordance with the authority granted at its Annual General Meeting on 28 July 2023 it is issuing 158,222,188 new Ordinary Shares of 0.002p each (the "Consultancy Fee Shares") at the VWAP of the Bezant share price during the periods during which the consultancy fees accrued to settle a total of £39,180 of consultancy fees at an average VWAP of 0.025 pence per Ordinary Share as per the table below:

Application to trading on AIM: Application will be made to the London Stock Exchange for the Consultancy Fee Shares, which when issued will rank pari passu with the existing Ordinary Shares in issue to be admitted to trading on AIM (the "Admission"). It is expected that Admission will become effective and that dealings in the Consultancy Fee Shares will commence at 8.00 a.m. on or around 22 July 2024.

Issued Share Capital: Following the issue of the Consultancy Fee Shares, the Company's total issued share capital will consist of 11,539,141,057 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury and accordingly there are no voting rights in respect of any treasury shares.

Total Voting Rights: On Admission, the above mentioned figure of 11,539,141,057 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Bezant under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.