Bezant Resources to Acquire 90% of Namib Lead and Zinc Mining for $2.5M
3 Articles
3 Articles
AIM movers: Bezant Resources acquires processing plant and ex-dividends
Bezant Resources (LON: BZT) is planning to acquire the NLZM processing plant for the Hope and Gorob copper gold mine in Namibia. This will accelerate the move into production by at least two years and reduce capital cost. The payment is $2.5m plus royalty payments in return for a 90% stake in the company that […] The post AIM movers: Bezant Resources acquires processing plant and ex-dividends appeared first on UK Investor Magazine.
Bezant Resources agrees to acquire Namib processing plant
Bezant Resources has agreed to acquire a 90% interest in Namib Lead and Zinc Mining (Proprietary) Ltd. from CL US Minerals LLC for US$2.50 million plus royalties. The Namib company owns a processing plant that will be adapted to treat pre-concentrated copper-gold ore from the Hope and Gorob project in Namibia. “The agreement to acquire …
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