Bezant Resources plc announced that Laurence Read has assumed the role of Chief Executive Officer ("CEO") of the company following the resignation of Dr. Bernard Olivier as CEO, both with immediate effect. Dr. Olivier's resignation, with the agreement of the Board, is to enable him to pursue his other interests and he will be available to consult with the Company to assist with an orderly transistion of his responsibilities. During his approximate five year term as CEO, from late January 2012, having previously served the Company since April 2007 as Executive Technical Director. Mr. Read, an existing executive director of Bezant, will now, as CEO, lead the implementation of the Company's strategy as it seeks to generate value from its existing asset portfolio through project/asset level participation and potential future transactional activity.