BEZANT RESOURCES PLC

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Confirmation statement overdue

  Due 2026-04-27.

• ⚠

  Material uncertainty over going concern

  We draw attention to the Going Concern section of the Accounting Policies of the Group financial statements (note 1.1) concerning the Group's and Company's ability to continue as a going concern...These conditions, along with other matters discussed in the Principal Accounting Policies indicate the existence of a material uncertainty which may cast significant doubt about the Group's and Company's ability to continue as a going concern.

1. BEZANT RESOURCES PLC 2007-07-09 → present
2. TANZANIA GOLD PLC 2006-09-27 → 2007-07-09
3. VOSS NET PLC 1994-09-19 → 2006-09-27
4. YIELDBID PUBLIC LIMITED COMPANY 1994-04-13 → 1994-09-19

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

UHY Hacker Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to the Going Concern section of the Accounting Policies of the Group financial statements (note 1.1) concerning the Group's and Company's ability to continue as a going concern...These conditions, along with other matters discussed in the Principal Accounting Policies indicate the existence of a material uncertainty which may cast significant doubt about the Group's and Company's ability to continue as a going concern.”

Group structure

1. BEZANT RESOURCES PLC · parent
   1. Tanzania Gold Limited 100% · Ireland · Holding Company
   2. Virgo Resources Limited 100% · Australia · Holding Company
   3. Hope Copper Gold Investments Ltd 100% · BVI · Holding Company
   4. KPZ International Limited 30% · BVI · Holding Company
   5. Hope Namibia Copper Gold Holdings Ltd 100% · BVI · Holding Company
   6. Namibia NZLM Holdings Ltd 100% · BVI · Holding Company
   7. Kalengwa Processing Zone Limited 30% · Zambia · Gold and copper exploration
   8. Anglo Tanzania Gold Limited 100% · England · Holding Company
   9. Eureka Mining & Exploration SA 100% · Argentina · Gold and copper exploration
   10. Puna Metals SA 100% · Argentina · Gold and copper exploration
   11. Hepburn Resources Pty Ltd 100% · Australia · Gold and copper exploration
   12. Hope and Gorob Mining Pty Ltd 70% · Namibia · Gold and copper exploration
   13. Hope Namibia Exploration Pty Ltd 80% · Namibia · Gold and copper exploration
   14. Metrock Resources Pty Ltd 100% · Australia · Holding Company
   15. Coastal Resources Pty Ltd 100% · Australia · Gold and copper exploration
   16. Coastal Minerals Proprietary Limited 100% · Botswana · Gold and copper exploration
   17. Cypress Sources Proprietary Limited 100% · Botswana · Gold and copper exploration

Significant events

• “On 24 December 2024 the Company announced a fundraising of £560,000 at 0.02 pence per Ordinary Share (the "Fundraising Price") and the issue of shares to settle accrued fees of £194,616 at 0.03 pence per Ordinary Share (the "Accrued Fees Price") (the "Fee Conversion"). Both the Fundraising and the Fee Conversion detailed below closed after the year end.”
• “On 6 February 2025 the Company announced that IDM International Limited ("IDM") through which the Company holds its interest in the Mankayan Copper Gold project in the Philippines ("Mankayan Project") has announced a proposed merger with ASX listed Blackstone Minerals Ltd ("Blackstone")("IDM Merger”) and that on 5 February 2025 Bezant converted its AUD137,500 IDM Convertible Loan Note (plus accrued interest) and received 752,143 IDM shares and 343,750 options to acquire IDM shares at AUD0.40 expiring on 5 February 2029 ("IDM Loan Note Conversion"). On 27 June 2025 the Company announced the IDM Merger has been completed. IDM Shareholders received 7.4 Blackstone shares for every 1 (one) IDM share they held with fractional entitlements rounded down and the Company has been issued 139,365,650 Blackstone shares and 2,543,750 options to acquire Blackstone shares at AUD0.06 expiring on 1 November 2026 for its IDM shares and IDM options.”
• “On 27 February 2025 the Company announced that by an agreement dated 26 February 2025 it had agreed with Sanderson Capital Partners Limited ("Sanderson Capital" or the "Lender") to extend the repayment date for the £700,000 drawn down under the unsecured convertible loan funding facility entered into with Sanderson Capital on 22 November 2021 (the "Facility") (the "Agreement") to 31 July 2026 and that the £700,000 drawn down is now convertible by the Lender at the fixed price of 0.025 pence per share (the "New Conversion Price").”
• “On 19 May 2025 the Company announced the issuing 167,809,490 new Ordinary Shares to settle a total of £44,940 of consultancy fees.”
• “On 21 May 2025 the Company announced the completion of the share purchase agreement for the sale of Puna Metals S.A. ("Puna") which holds the 12 licences comprising the Eureka Project located in the Republic of Argentina ("Eureka Project") to Ajax Resources Plc ("Ajax") (LSE: AJAX) for US$170,000.”
• “On 25 June 2025 the Company announced the issue by the Ministry of Mines and Energy of 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.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

7

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -84.3%

  £560,000 → £88,000

• Net assets

  -14.7%

  £5,975,000 → £5,099,000

• Employees

  0%

  5 → 5

• Operating profit

  +25.6%

  -£1,046,000 → -£778,000

• Profit before tax

  +83.4%

  -£6,106,000 → -£1,015,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers