9th Jul 2007 14:04
Tanzania Gold PLC09 July 2007 Not for release, publication or distribution in whole or in part in or into theUnited States, Canada, Australia, the Republic of South Africa or Japan 9 July 2007 Tanzania Gold Plc ("Tanzania Gold" or the "Company") Results of Annual and Extraordinary General Meetings The Board of Tanzania Gold is pleased to announce that the resolutions proposedat both the Annual and Extraordinary General Meetings held earlier today toapprove, inter alia, an increase in the directors' authority to allot equitysecurities, the disapplication of pre-emption rights, the change of name to"Bezant Resources plc" and the re-election of certain directors, and to ratifythe adoption of the Share Option Plan and related matters, as set out in thenotices of Annual General Meeting and Extraordinary General Meeting dated 15June 2007, were all duly approved by Shareholders. Completion of the acquisitionof Asean Copper Investments Limited ("Asean") remains conditional only onAdmission. Accordingly, application has been made to the London Stock Exchange for theAcquisition Shares, Subscription Shares and Fee Shares to be admitted to tradingon AIM. Admission is expected to become effective and dealings in theaforementioned shares, representing in aggregate 12,637,878 new ordinary sharesof 0.2p each, are expected to commence at 8.00 a.m. tomorrow, Tuesday 10 July2007, under the Company's new name of Bezant Resources plc (AIM: BZT). Allexisting share certificates will remain valid following the Company's change ofname. Subject to Admission becoming effective and dealings in the aforementionedshares commencing on 10 July 2007, completion of the Acquisition is also due totake place on 10 July 2007, when the total number of ordinary shares of 0.2peach in issue will be 37,162,223. Unless the context otherwise requires, defined terms used in this announcementshall have the meanings given to them in the Circular to shareholders of theCompany dated 15 June 2007. Enquiries: Tanzania Gold PlcClive Sinclair-Poulton, Chief Executive Tel: +353 (0) 85 739 2674 Strand Partners LimitedJames Harris Tel: +44 (0) 20 7409 3494Matthew Chandler St Swithins PR LimitedGary Middleton Tel: 0044 (0)7951 603 289 The Directors of Tanzania Gold Plc accept responsibility for the contents ofthis announcement. Strand Partners Limited, which is authorised and regulated in the United Kingdomby the Financial Services Authority, is acting for Tanzania Gold and for no oneelse in connection with the Acquisition, the Offer for Subscription andAdmission and will not be responsible to anyone other than Tanzania Gold forproviding the protections afforded to customers of Strand Partners Limited, orfor providing advice in relation to the Acquisition, the Offer for Subscriptionand Admission. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Bezant Res