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VAST Vast Resources Plc

0.34
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vast Resources Plc LSE:VAST London Ordinary Share GB00BQ7WTT20 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.34 0.33 0.35 0.34 0.34 0.34 22,645,527 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmtl Minrl Svcs, Ex Fuels 3.72M -10.51M -0.0024 -1.42 14.78M

Vast Resources PLC Investor Update and Q&A Session

31/05/2022 7:01am

RNS Non-Regulatory


TIDMVAST

Vast Resources PLC

31 May 2022

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

31 May 2022

Vast Resources plc

("Vast" or the "Company")

Investor Update and Q&A Session

Vast Resources plc, the AIM-listed producing mining company, is pleased to announce that Andrew Prelea (CEO) and Andrew Hall (CCO) will provide a live investor update and Q&A session via the Investor Meet Company platform on Monday 6 June 2022 at 2:00pm BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Vast via:

https://www.investormeetcompany.com/vast-resources-plc/register-investor

Investors who already follow Vast on the Investor Meet Company platform will automatically be invited.

**ENDS**

For further information, visit www.vastplc.com or please contact:

 
 Vast Resources plc                      www.vastplc.com 
  Andrew Prelea (CEO)                     +44 (0) 20 7846 0974 
  Andrew Hall (CCO) 
 Beaumont Cornish - Financial            www.beaumontcornish.com 
  & Nominated Advisor                     +44 (0) 20 7628 3396 
  Roland Cornish 
  James Biddle 
 Shore Capital Stockbrokers              www.shorecapmarkets.co.uk 
  Limited - Joint Broker                  +44 (0) 20 7408 4050 
  Toby Gibbs / James Thomas (Corporate 
  Advisory) 
 Axis Capital Markets Limited            www.axcap247.com 
  - Joint Broker                          +44 (0) 20 3206 0320 
  Kamran Hussain 
 St Brides Partners Limited              www.stbridespartners.co.uk 
  Susie Geliher                           +44 (0) 20 7236 1177 
  Charlotte Page 
 

ABOUT VAST RESOURCES PLC

Vast Resources plc is a United Kingdom AIM listed mining company with mines and projects in Romania and Zimbabwe.

In Romania, the Company is focused on the rapid advancement of high-quality projects by recommencing production at previously producing mines.

The Company's Romanian portfolio includes 100% interest in the producing Baita Plai Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts Romania's largest polymetallic mines. The mine has a JORC compliant Reserve & Resource Report which underpins the initial mine production life of approximately 3-4 years with an in-situ total mineral resource of 15,695 tonnes copper equivalent with a further 1.8M-3M tonnes exploration target. The Company is now working on confirming an enlarged exploration target of up to 5.8M tonnes.

The Company also owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance. The Company has been granted the Manaila Carlibaba Extended Exploitation Licence that will allow the Company to re-examine the exploitation of the mineral resources within the larger Manaila Carlibaba licence area.

The Company has also acquired an interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan. The Takob Mine opportunity, which is 100% financed, will provide Vast with a 12.25 percent royalty over all sales of non-ferrous concentrate and any other metals produced. Processing of stockpiled ore on site is expected to commence in Q2 2022.

In Zimbabwe, the Company is focused on the commencement of the joint venture mining agreement on the Community Diamond Concession, Chiadzwa, in the Marange Diamond Fields.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAEANSEDFDAEFA

(END) Dow Jones Newswires

May 31, 2022 02:01 ET (06:01 GMT)

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