13th Nov 2020 17:38
Bezant Resources PLC - copper-gold exploration and development company - To net GBP5.6 million as AsiaPhos Spa, listed in Singapore, agrees reverse takeover of MMJV Pte Ltd. "We are pleased to note that MMIH have entered into the AsiaPhos SPA, if this conditional reverse takeover transaction with AsiaPhos who are listed on the Catalist board of the SGX is successfully completed it will trigger the payment of SGD10 million (about GBP5.6 million) in AsiaPhos shares being issued to Bezant. The board will provide further updates to shareholders as and when appropriate," Executive Chair Colin Bird says.
Current stock price: 0.38 pence, up 46% on Friday
Year-to-date change: up 90%
By Eric Cunha; [email protected]
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