Vast Resources is pleased to announce that it has signed two separate association agreements to process and market products from the former Hanes gold mine located in the Alba region of Romania. These association agreements are in alignment with a strategic ecological project encouraged by the Romanian government to clean up former era derelict [...]
TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Vast Resources Plc 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer 2. Reason for the notification An acquisition or disposal of [...]
TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Vast Resources Plc 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer 2. Reason for the notification An acquisition or disposal of [...]
Vast Resources is pleased to announce that the Head Licence number 999/1999, held by Baita SA, was extended for a further five years by way of Government Decision 6/2024 on 9 August 2024. The Company is now in the final stages of extending the Association Agreement, with the State Company Baita SA under the existing terms and conditions as the [...]
Vast Resources announces that it has received a Notice of Acceleration and Enforcement in relation to the Debt Facility. The Notice given is to the effect that if the outstanding debt of $5,820,000 is not repaid in full by 26 September 2024 it will then enforce the security given to Alpha by a third party which party would in turn have recourse to [...]
Vast Resources wishes to update its report on gold production at the four Aprelevka mines for May 2024 given in the announcement of 4 June 2024 where the production had been estimated based on a calculation of throughput and grade. Following completion of the smelting, the actual production for May 2024 showed an increase from 933oz as had been [...]
Vast Resources wishes to announce that following a dispute with the Unions and certain members of the Baita Plai workforce in Romania, the Company has decided to enter Vast Baita Plai SA , the operator of the Baita Plai mine, into a period of voluntary reorganisation to be effected by a Court judged process under the Insolvency Act in Romania. The [...]
Vast Resources is pleased to announce the Q1 2024 production report at its Baita Plai Polymetallic Mine in Romania and to provide an update on production improvements at the Aprelevka a mine. Baita Plai Mine Production for the quarter is provided below with a comparison to previous quarters. Period Tonnes mined Concentrate produced Cu concentrate [...]
TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Vast Resources Plc 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer 2. Reason for the notification An acquisition or disposal of [...]
Vast Resources Plc / Ticker: VAST / Index: AIM / Sector: Mining 8 May 2024 Vast Resources Plc Update on Debt Funding Vast Resources Plc, the AIM-listed mining company, is pleased to announce an update in relation to the Asset Backed Debt facility from A&T Investments SARL as announced on 16 May 2022 and the debt owed to Mercuria Energy Trading SA [...]
Vast Resources is pleased to announce an update in relation to the Asset Backed Debt facility from A&T Investments SARL as announced on 16 May 2022 and the debt owed to Mercuria Energy Trading SA relating to Tranche A of the Prepayment Agreement announced on 21 March 2018. As announced on 15 January 2024, the totality of the debt owed to Mercuria [...]
Vast Resources is pleased to announce that it has secured a new exclusive offtake agreement with Trafigura Group Pte for all copper concentrate produced at the Company's 100% owned Baita Plai Polymetallic Mine in Romania. The New Offtake builds on Vast's existing relationship with Trafigura, which is one of the world's leading independent commodity [...]
