TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   01 June 2020 
 
   Vast Resources plc 
 
   ("Vast" or the "Company") 
 
   Atlas Special Opportunities LLC Interest Payment Election 
 
   Vast Resources plc, the AIM-listed mining company, announces that the 
Company has elected to pay the interest of $29,591.45 due on 29 May 2020 
on the $7,101,947 Bond issued to Atlas announced on 31 January 2020 by 
the issue of 16,911,058 shares (the 'Issue Shares') at an issue price of 
0.14202 pence per share.  Under the terms of the Atlas Bond Issuance 
Deed the Company is entitled to elect to make payment of interest on the 
Bond in shares at an issue price of 90% of the Volume Weighted Average 
Price of the Company's shares on the business day prior to the interest 
payment date. 
 
   Admission of and dealings in the Issue Shares 
 
   Application is being made for the Issue Shares to be admitted to trading 
on AIM ('Admission') and it is expected that Admission will become 
effective and dealing in the Issue Shares will commence on or around 4 
June 2020.  The Issue Shares will rank pari passu with existing Ordinary 
Shares. 
 
   Following Admission, the total issued share capital of the Company will 
be 11,312,660,643.  The above figure of 11,312,660,643 may be used by 
shareholders as the denominator for the calculations by which they will 
determine if they are required to notify their interest in Vast under 
the FCA's Disclosure and Transparency Rule. 
 
   **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) 020 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 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. 
 
 
 
 

(END) Dow Jones Newswires

June 01, 2020 08:30 ET (12:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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