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Bezant secures $7m financing and offtake deal for Namibian copper project starting production in Q3 2026

Market News
11 Jun 2026
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Bullish
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Bezant Resources has secured a $7 million financing package from Hartree Metals to support construction and commissioning of its Hope and Gorob copper project in Namibia. The deal includes a long-term offtake agreement for all copper concentrate produced, ensuring steady revenue once production begins in the third quarter of 2026. The financing facility is convertible into shares and carries a four-year term with a 12-month grace period, easing Bezant's funding pressures. This agreement marks a significant step towards bringing the Namibian copper mine into operation and securing its financial future.

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