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Investegate |Bezant Resources PLC Announcements | Bezant Resources PLC: Final Results and Publication of Annual Report

Investegate |Bezant Resources PLC Announcements | Bezant Resources PLC: Final Results and Publication of Annual Report
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Investegate |Bezant Resources PLC Announcements | Bezant Resources PLC: Termination of Transaction Agreement with MMIH

  Bezant (AIM: BZT), the copper-gold exploration and development company, announces that it has served notice of termination of its transaction agreement (the Transaction Agreement ) dated 4 October 2019 with Mining and Minerals Industries Holding Pte. Ltd. ( MMIH ), a private company incorporated in Singapore, with respect to the sale of 80 per cent. of the Company s interest in the Mankayan copper-gold project in the Philippines (the MankayanProject ) to MMJV Pte. Ltd. ( MMJV ), a 100 percent subsidiary of MMIH, (the Transaction ). Full details of the Transaction were set out in the Company s announcement of 7 October 2019 and, unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as given to them in such previous announcement.  Completion of the Transaction was announced on 18 November 2019 with Bezant retaining a residual 20 per cent. interest in the pro

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