16 October 2024

Bezant Resources PLC

("Bezant" or the "Company")

Notice re Granting of Mining Licence for Hope & Gorob Copper - Gold Project, Namibia

Bezant Resources ("Bezant" or the "Company") is pleased to announce it has received the notice of preparedness of the granting of Mining Licence 246 for the Hope & Gorob copper - gold mining project (the "Mining Licence") located in Namibia (in which Bezant holds a 70% interest).

The granting of the Mining Licence is conditional only on the Company completing and submitting a written acceptance, which it is in a process of doing. The grant will be subject to normal terms and conditions under the Minerals Act.

Commenting on the granting of the Licence, Chairman Colin Bird said: "We would like to thank the Ministry of Mines & and Energy for their hard work, diligence and professionalism and we look forward to working with the Ministry and its various departments as we prepare to build and commission the Hope & Gorob mine".

For further information, please contact:

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 pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.