Completion of NLZM Processing Plant Acquisition
Bezant Resources Plc has completed the acquisition of a 90% shareholding in Namib Lead and Zinc Mining (Proprietary) Limited, which owns the NLZM Processing Plant, a pivotal step for the Hope & Gorob gold project. This acquisition removes any encumbrance to the project's development, with on-ground activities expected to commence at the start of the new year following desk engineering and preparatory design work.
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Bezant (AIM: BZT), the copper-gold exploration and resource development company, further to its announcements of 14 August 2025, 19 November 2025 and 8 December 2025 confirms that it has now completed the Acquisition of a 90% shareholding in Namib Lead and Zinc Mining (Proprietary) Limited which owns the NLZM Processing Plant.
Unless otherwise indicated, all capitalised terms in this announcement have the same meaning as in the General Meeting Circular dated 19 November 2025.
Colin Bird, Executive Chairman of Bezant, commented
"I am pleased that we have completed the acquisition of Namib Lead and Zinc Mining (Proprietary) Limited which owns the NLZM Processing Plant, which is a pivotal stage in the development of the Hope & Gorob gold project. There is now no encumbrance to the development of Hope & Gorob and we look forward to commencing on ground activities at the start of the new year. We are currently in the desk engineering and preparatory stage of various aspects of engineering and design to ensure a seamless commencement of construction. We will keep shareholders informed on progress."
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