Question 1

What deadline does Bezant Resources have to pay CL US Minerals under the accelerated payment agreement?

Accepted Answer

The agreement calls for a US$5.0m payment to CL US Minerals by 31 Oct 2026 to release vendor security under the 14 Aug 2025 Share Purchase Agreement.

Question 2

How much mineralisation did the first blast at Hope open pit liberate for Bezant Resources?

Accepted Answer

At Hope open pit, a 20,000-tonne blast liberated about 2,000 tonnes of commercially viable mineralisation.

Question 3

When does Bezant Resources say it expects first concentrate production?

Accepted Answer

Bezant Resources says first concentrate production remains on track for September 2026.

Question 4

What accelerated payment agreement did Bezant enter into with CL US Minerals on 27 August 2026?

Accepted Answer

Bezant entered an accelerated payment agreement with CL US Minerals to cover ownership of the NLZM Processing Plant, held under the new company name Tsaoxaub Metals (Proprietary), for upgrading it to process copper sulphide and oxide preconcentrate from Bezant’s Hope & Gorob mine in Namibia.

Question 5

What is the planned capacity upgrade payment for Bezant Resources to CL US Minerals for the NLZM processing plant?

Accepted Answer

Bezant must pay CL US Minerals US$5.0 million by 31 October 2026 under an accelerated payment agreement, with vendor security released upon payment.

Question 6

When does Bezant have to pay CL US Minerals under the accelerated payment agreement for the NLZM Processing Plant?

Accepted Answer

Under the 27 August 2026 agreement, Bezant must pay US$5.0 million by 31 October to release the vendor’s security, plus US$415,000 quarterly instalments from 31 March 2029 to 31 December 2031.

Timeline

Bezant Resources

Bezant accelerates NLZM plant ownership deal

Bezant completes first blast at Hope & Gorob copper project

Bezant Resources secures US$7m financing and 100% offtake from Hartree Metals

Bezant’s Hope jumps sevenfold, opens 7.5-year open‑pit life

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