Bezant Resources PLC Mankayan Project update (0240T)
November 22 2021 - 2:00AM
UK Regulatory
TIDMBZT
RNS Number : 0240T
Bezant Resources PLC
22 November 2021
22 November 2021
Bezant Resources Plc
("Bezant" or the "Company")
Mankayan Project update
Bezant (AIM: BZT), the copper-gold exploration and development
company, further to its announcements dated 13 September 2021 and
21 October 2021 confirms that the Mines and Geosciences Bureau of
the Department of Environment and Natural Resources of the
Philippines government ("MGB") review of Crescent Mining
Development Corporation's renewal application for a second 25 year
term in relation to Mineral Production Sharing Agreement No.
057-96-CAR (the " MPSA ") is ongoing. The initial 25 year term of
the MPSA expired on 11 November 2021 and in accordance with
Executive Order No. 292 of the Administrative Code of 1987 shall
not expire until the renewal application has been finally
determined. The Company will provide a further update(s) as and
when appropriate.
For further information, please contact:
Bezant Resources Plc
Colin Bird Executive Chairman +44 (0) 20 3416 3695
Beaumont Cornish (Nominated Adviser)
Roland Cornish +44 (0) 20 7628 3396
Novum Securities Limited (Broker)
Jon Belliss +44 (0) 20 7399 9400
or visit http://www.bezantresources.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").
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