VAST Vast Resources Plc

 
TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   13 July 2020 
 
   Vast Resources plc 
 
   ("Vast" or the "Company") 
 
   Baita Plai Project Update 
 
   Vast Resources plc, the AIM-listed mining company, is pleased to update 
the market on progress at its Baita Plai Polymetallic Mine "Baita Plai" 
in Romania. 
 
   The Company can confirm the shipping schedules of the remaining 
containers of equipment, as previously announced on 8(th) June 2020, 
remain on track with the arrival of the fourth shipment of equipment at 
the Port of Constanta in Romania this morning. The remaining containers 
are expected to arrive during the course of this week. 
 
   The Company will release footage of these remaining containers being 
unloaded at Baita Plai on social media ahead of the commencement of 
production this month. 
 
   **ENDS** 
 
   For further information, visit www.vastplc.com or please contact: 
 
 
 
 
Vast Resources plc               www.vastplc.com 
 Andrew Prelea (Chief Executive   +44 (0) 20 7846 0974 
 Officer) 
 Andrew Hall 
Beaumont Cornish - Financial &   www.beaumontcornish.com 
 Nominated Adviser                +44 (0) 20 7628 3396 
 Roland Cornish 
 James Biddle 
SP Angel Corporate Finance LLP   www.spangel.co.uk 
 -- Joint Broker                  +44 (0) 20 3470 0470 
 Richard Morrison 
 Caroline Rowe 
Axis Capital Markets Limited --  www.axcap247.com 
 Joint Broker                     +44 (0) 20 3206 0320 
 Richard Hutchison 
Blytheweigh                      www.blytheweigh.com 
 Tim Blythe                       +44 (0) 20 7138 3204 
 Megan Ray 
 
 
   The information contained within this announcement is deemed by the 
Company to constitute inside information as stipulated under the Market 
Abuse Regulations (EU) No. 596/2014 ("MAR"). 
 
   ABOUT VAST RESOURCES PLC 
 
   Vast Resources plc, is a United Kingdom AIM listed mining company with 
mines and projects in Romania and Zimbabwe - focused on the rapid 
advancement of high quality projects by recommencing production at 
previously producing mines in Romania and the commencement of the joint 
venture mining agreement on the Chiadzwa Community Concession Block of 
the Chiadzwa Diamond Fields in Zimbabwe. 
 
   The Company's portfolio includes an 80% interest in the Baita Plai 
Polymetallic Mine in Romania, where work is now currently underway 
towards developing and recommissioning the mine and the Community 
Concession Block in Chiadzwa, Zimbabwe. 
 
   Vast Resources owns the Manaila Polymetallic Mine in Romania, which was 
commissioned in 2015, currently on care and maintenance. With the 
granting of  the new extended Manaila/Carlibaba Exploitation License it 
will allow the Company to re-examine the exploitation of the mineral 
resources within the larger Carlibaba license area 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   13 July 2020 
 
   Vast Resources plc 
 
   ("Vast" or the "Company") 
 
   Baita Plai Project Update 
 
   Vast Resources plc, the AIM-listed mining company, is pleased to update 
the market on progress at its Baita Plai Polymetallic Mine "Baita Plai" 
in Romania. 
 
   The Company can confirm the shipping schedules of the remaining 
containers of equipment, as previously announced on 8(th) June 2020, 
remain on track with the arrival of the fourth shipment of equipment at 
the Port of Constanta in Romania this morning. The remaining containers 
are expected to arrive during the course of this week. 
 
   The Company will release footage of these remaining containers being 
unloaded at Baita Plai on social media ahead of the commencement of 
production this month. 
 
   **ENDS** 
 
   For further information, visit www.vastplc.com or please contact: 
 
 
 
 
Vast Resources plc                                www.vastplc.com 
 Andrew Prelea (Chief Executive Officer)           +44 (0) 20 7846 0974 
 Andrew Hall 
Beaumont Cornish - Financial & Nominated Adviser  www.beaumontcornish.com 
 Roland Cornish                                    +44 (0) 20 7628 3396 
 James Biddle 
SP Angel Corporate Finance LLP -- Joint Broker    www.spangel.co.uk 
 Richard Morrison                                  +44 (0) 20 3470 0470 
 Caroline Rowe 
Axis Capital Markets Limited -- Joint Broker      www.axcap247.com 
 Richard Hutchison                                 +44 (0) 20 3206 0320 
Blytheweigh                                       www.blytheweigh.com 
 Tim Blythe                                        +44 (0) 20 7138 3204 
 Megan Ray 
 
 
   The information contained within this announcement is deemed by the 
Company to constitute inside information as stipulated under the Market 
Abuse Regulations (EU) No. 596/2014 ("MAR"). 
 
   ABOUT VAST RESOURCES PLC 
 
   Vast Resources plc, is a United Kingdom AIM listed mining company with 
mines and projects in Romania and Zimbabwe - focused on the rapid 
advancement of high quality projects by recommencing production at 
previously producing mines in Romania and the commencement of the joint 
venture mining agreement on the Chiadzwa Community Concession Block of 
the Chiadzwa Diamond Fields in Zimbabwe. 
 
   The Company's portfolio includes an 80% interest in the Baita Plai 
Polymetallic Mine in Romania, where work is now currently underway 
towards developing and recommissioning the mine and the Community 
Concession Block in Chiadzwa, Zimbabwe. 
 
   Vast Resources owns the Manaila Polymetallic Mine in Romania, which was 
commissioned in 2015, currently on care and maintenance. With the 
granting of  the new extended Manaila/Carlibaba Exploitation License it 
will allow the Company to re-examine the exploitation of the mineral 
resources within the larger Carlibaba license area 
 
 
 
 

(END) Dow Jones Newswires

July 13, 2020 02:00 ET (06:00 GMT)

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