Vast Resources Plc is pleased to announce a 20% overall increase in Q3 production from its Baita Plai Polymetallic Mine in Romania. As outlined in the announcement made on 26 September 2022, the last month of the quarter saw an increase in production via the utilisation of the Mantis rigs resulting in a significant increase in tonnes mined and the [...]
Vast Resources Plc is pleased to announce that a general meeting of the Company will be held at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London EC3V 0HR at 2:00pm on 24 October 2022. A copy of the Notice of GM and associated proxy form will be posted to Shareholders today, and copies can be found on the Company's [...]
Vast Resources Plc is pleased to announce that following the successful opening of the Takob Mine Processing Project at the Takob Mine in Tajikistan with Open Joint Stock Company Korkhanai Boygardonii Takob it has signed an exclusive offtake contract with Trafigura PTE. Ltd, one of the world's leading independent commodity trading and logistics [...]
Vast Resources Plc announces a financial and operational update which includes the raising of £656,000 gross through a placing of 164,000,000 ordinary shares of 0.1p in the Company at a price of 0.40p per Ordinary Share . The Placing was undertaken by the Company's joint broker, Axis Capital Markets Ltd. The net cash raised from the Placing will [...]
Vast Resources plc, announces that a Chairman’s letter including a Notice of General Meeting of the Company will be posted to shareholders today, 22 February 2019. The General Meeting will be held at 2:30pm on 11 March 2019 at The Business Centre, Institute of Directors, 116 Pall Mall, London SW1Y 5ED. A copy of the Chairman’s letter and Notice of [...]
Vast Resources plc announces that the convertible securities issuance deed between the Company and Bergen Global Opportunity Fund LP dated 19 December 2018, the details of which were notified on 20 December 2018, has been terminated by the parties by mutual consent, effective as of 21 February 2019. Following the termination, no further funding [...]
Vast Resources plc is pleased to announce that the Chiadzwa Community Development Trust has in principle been granted the right to mine diamonds in joint venture on the Heritage Concession and has appointed Vast as its joint venture partner in the exploration and mining of diamonds in the area. The Company is aware that the Chiadzwa Community [...]
Vast Resources plc is pleased to announce that it has raised in aggregate £896,000 through a placing and subscription of 663,703,703 ordinary shares of 0.1 pence in the Company at a price of 0.135 pence per Ordinary Share. The Placing was for 550,000,000 Ordinary Shares and was undertaken by the Company’s Joint Broker SVS Securities Plc. The [...]
Vast Resources plc wishes to update the market on its financing following the announcement of 18 January 2019 that the Tranche B offtake finance from Mercuria Energy Trading SA (Mercuria) did not proceed. Tranche A remains in place in accordance with its terms as subsequently confirmed by Mercuria. The Company remains in discussions with potential [...]
Vast Resources plc hereby announces that it has received notice of conversion in respect of US$400,000 out of the convertible security issued to Bergen Global Opportunity Fund LP the details of which were announced on 21 December 2018 at a conversion price of 0.12p pursuant to which 255,604,120 ordinary shares of 0.1p each fall to be issued [...]
Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, announces that at the Company's general meeting, held earlier today, all resolutions were duly passed.
Vast Resources announces, in line with its regulatory obligations, that pursuant to the issue of warrants to subscribers to the open offer completed on 1 August 2016, a holder of Open Offer Warrants has elected to exercise 1,061,060 Open Offer Warrants. Each Open Offer Warrant entitles the holder to one ordinary share of 0.1 pence each in the [...]