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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.005 | 1.16% | 0.435 | 0.42 | 0.45 | 0.435 | 0.43 | 0.43 | 10,776,771 | 11:42:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Nonmtl Minrl Svcs, Ex Fuels | 3.72M | -10.51M | -0.0024 | -1.79 | 18.69M |
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Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
01 April 2020
Vast Resources plc
("Vast" or the "Company")
Chiadzwa Community Diamond Project Update
Vast Resources plc, the AIM-listed mining company, notes that its
announcement of 3 March 2020 confirmed that it had received official
communication that all internal processes leading to the conclusion to
the Chiadzwa Community Joint Venture were expected to be finalised
during March, and the Company's announcement of 23 March 2020 confirmed
this expectation.
Following the 23 March 2020 announcement the Zimbabwe Government
declared a 21 day lockdown in response to the Covid-19 Pandemic
commencing on 30 March 2020. As a result of this the finalisation
process was not completed in March, but finalisation remains expected to
complete shortly.
Further announcements will be made as the situation develops.
**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
-- Chiadzwa Community Diamond Project Update 01.04.2020
https://ml-eu.globenewswire.com/Resource/Download/8f5efc2a-95fe-47c0-a5c4-81a3cba93d15
(END) Dow Jones Newswires
April 01, 2020 04:02 ET (08:02 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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