Vast Resources plc Exercise Of Warrants And Issue Of Equity

 
TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   1 June 2017 
 
   Vast Resources plc 
 
   ("Vast" or "the Company") 
 
   Exercise of Warrants and Issue of Equity 
 
   Vast Resources plc, the AIM-listed mining company with operations in 
Romania and Zimbabwe, announces that application has been made for 
20,000,000 new ordinary shares of 0.1p each to be admitted to trading on 
AIM pursuant to the exercise of warrants by a former adviser to the 
Company (the "Warrant Exercise").  The warrants have an exercise price 
per share of 0.285 pence and GBP57,000 is due to the Company. 
 
   The 20,000,000 new ordinary shares issued pursuant to the Warrant 
Exercise will rank pari passu with the Company's existing ordinary 
shares and admission to trading on AIM is expected to occur on 8 June 
2017 ("Admission"). 
 
   Following Admission, the total number of voting rights in the Company 
will be 4,683,410,575, with each ordinary share carrying the right to 
one vote. 
 
   The above figure of 4,683,410,575 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 Rules. 
 
   **ENDS** 
 
   For further information, visit www.vastresourcesplc.com or please 
contact: 
 
 
 
 
Vast Resources plc                                www.vastresourcesplc.com 
 Roy Pitchford (Chief Executive Officer)           [phone] 
Beaumont Cornish - Financial & Nominated Adviser  www.beaumontcornish.com 
 Roland Cornish                                    [phone] 
 James Biddle 
Brandon Hill Capital Ltd - Joint Broker           www.brandonhillcapital.com 
 Jonathan Evans                                    [phone] 
Peterhouse Corporate Finance Ltd - Joint Broker   www.pcorpfin.com 
 Duncan Vasey                                      [phone] 
St Brides Partners Ltd                            www.stbridespartners.co.uk 
 Susie Geliher                                     [phone] 
 Charlotte Page 
 
 
   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"). 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Vast Resources plc via Globenewswire 
 
 
  http://www.acrplc.com/ 
 

(END) Dow Jones Newswires

June 01, 2017 10:30 ET (14:30 GMT)

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