Vast Resources plc Funding Update
18 Dicembre 2019 - 8:00AM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
18 12 2019
Vast Resources plc
("Vast" or the "Company")
Funding Update
Vast Resources plc, the AIM-listed mining company, is pleased to
announce that, further to the Company's announcement of 24 October 2019
regarding the Company signing binding documentation with Atlas Capital
Markets Limited, the Company continues to progress towards drawdown of
Tranche 1 with both parties working together with the intent to effect
drawdown before 31 December 2019.
Further announcements on progress will be made, as appropriate, in due
course.
**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 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.
Attachment
-- Funding Update
https://ml-eu.globenewswire.com/Resource/Download/6a1c335c-dbf6-47ed-a021-c4e74267477a
(END) Dow Jones Newswires
December 18, 2019 02:00 ET (07:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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