25 June 2025

Bezant Resources PLC

("Bezant" or the "Company")

Hope & Gorob Award of Mining Licence

Bezant Resources ("Bezant" or the "Company") further to its announcements in April 2025 regarding the award of the Environmental Clearance Certificate ("ECC") for the Hope and Gorob Mining Project ML 246 on EPL 5796 in  Namibia is pleased to inform shareholders that the Ministry of Mines and Energy has now issued the formal mining certificate for Mining Licence ML 246 which is valid until 31 March 2040  to Hope and Gorob Mining (Pty) Ltd which is 70% owned by Bezant.

Colin Bird, Executive Chairman of Bezant, commented "We would like to thank the Ministry of Mines and Energy for their confidence in awarding the Hope and Gorob mining licence. Pending the formal issue of the mining licence we have in the background been working on the numerous workstreams and activities required to build and commission the Hope & Gorob mine. Our actions now are totally implementation based and we will advise shareholders on the framework of the Project and key operating parameters together with approximate timelines ".

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Disclaimer

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the FCA, is acting as Nominated Adviser ("Nomad") to the Company in connection with the matters contained in this announcement, and will not be acting for any other person or otherwise be responsible to any person for providing the protections afforded to clients of Beaumont Cornish or for advising any other person in respect of the matters set out in this announcement or any transaction, matter or arrangement referred to in this announcement. Beaumont Cornish's responsibilities as the Company's Nomad are owed solely to London Stock Exchange and are not owed to the Company or to any Director or to any other person in respect of his or her decision to acquire any shares in the Company. Furthermore, Beaumont Cornish has not approved or authorised the release of this announcement in whole or in part, directly or indirectly into The United States, Canada, Australia, Japan or The Republic of South Africa or any other jurisdiction in which such release, publication or distribution would be unlawful.