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Bezant Resources Issues 80 Million Shares on Warrant Exercise, Lifting AIM Free Float

Story Highlights
  • Bezant Resources issued 80 million new shares after warrant exercises at 0.06p each.
  • Total voting shares will increase to about 17.86 billion upon AIM admission of the new stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bezant Resources Issues 80 Million Shares on Warrant Exercise, Lifting AIM Free Float

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Bezant Resources ( (GB:BZT) ) has issued an announcement.

Bezant Resources has issued 80 million new ordinary shares following the exercise of warrants priced at 0.06p each, stemming from a fundraising completed in December 2023, with the new shares ranking pari passu with the existing equity. The company will seek admission of these warrant exercise shares to trading on AIM around 20 January 2026, after which its total issued share capital will rise to 17,856,654,126 ordinary shares with voting rights, a new denominator for shareholders assessing disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BZT) stock is a Hold with a £0.12 price target. To see the full list of analyst forecasts on Bezant Resources stock, see the GB:BZT Stock Forecast page.

Spark’s Take on GB:BZT Stock

According to Spark, TipRanks’ AI Analyst, GB:BZT is a Neutral.

The score is held back primarily by very weak financial performance (no revenue, ongoing losses, and persistent cash burn), despite a relatively low-leverage balance sheet. Technical signals are meaningfully positive and support the score, while valuation appears inexpensive on P/E but is tempered by the company’s weak operating/cash profile.

To see Spark’s full report on GB:BZT stock, click here.

More about Bezant Resources

Bezant Resources Plc is a copper-gold exploration and development company listed on AIM in London, focused on advancing its portfolio of precious and base metal projects for investors seeking exposure to early-stage resource assets.

Average Trading Volume: 102,684,185

Technical Sentiment Signal: Buy

Current Market Cap: £18.3M

For detailed information about BZT stock, go to TipRanks’ Stock Analysis page.

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