Vast Resources plc Finance Facility Update
11 Ottobre 2019 - 4:00PM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
11 October 2019
Vast Resources plc
("Vast" or the "Company")
Finance Facility Update
Vast Resources plc, the AIM-listed mining company announces that it
anticipates that the finance facility for US$13,500,000 (net) as
announced on 1 October 2019 will be signed later next week.
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc www.vastplc.com
Andrew Prelea (Chief Executive +44 (0) 1491 615 232
Officer)
Andrew Hall
Beaumont Cornish - Financial & www.beaumontcornish.com
Nominated Adviser +44 (0) 020 7628 3396
Roland Cornish
James Biddle
SP Angel Corporate Finance LLP www.spangel.co.uk
-- Broker +44 (0) 20 3470 0470
Richard Morrison
Caroline Rowe
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 an AIM listed mining company with mines in
Romania and Zimbabwe focused on the rapid advancement of high quality
brownfield projects by recommencing production at previously producing
mines in Romania and commencement of the joint venture mining agreement
on the 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 currently underway towards
developing and recommissioning the mine on completion of funding and the
commencement of the of 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, and is focused
on its expansion through the development of a second open pit operation
and new metallurgical complex at the Carlibaba Extension Area.
Attachment
-- Finance Facility Update 11.10.19
https://ml-eu.globenewswire.com/Resource/Download/481ba1e0-77a1-487b-9851-51429ddcb779
(END) Dow Jones Newswires
October 11, 2019 10:00 ET (14:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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