ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

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 Update On Baita Plai Licence To Mine

30/08/2017 7:10am

UK Regulatory


 
TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   30 August 2017 
 
   Vast Resources plc 
 
   ("Vast" or "the Company") 
 
   Update on Baita Plai Licence to Mine 
 
   Vast Resources plc, the AIM-listed mining company, is pleased to 
announce that the Company's subsidiary, African Consolidated Resources 
SRL ("AFCR"), has been selected by Baita SA, the holder of the 
head-licence at the Baita Plai Polymetallic Mine in Romania ("Baita 
Plai"), to be granted the right to mine polymetallic ore from Baita Plai 
under mining licence 999/1999. 
 
   The Company's subsidiary was chosen to be granted the right to mine at 
Baita Plai as part of a competitive selection process, implemented in 
line with the previously announced step plan to expedite the grant of 
the association on the mining licence 999/1999. 
 
   The Company now awaits execution of the final association licence which 
is subject to the normal due process which includes a Ministerial 
Agreement, regulatory approvals from Romania's National Agency for 
Mineral Resources (ANRM) and the final negotiations of the terms and 
conditions of the association licence.  These steps are intended to be 
implemented in the shortest possible time to allow the Company to 
commence operations at Baita Plai before the end of 2017. 
 
   Vast will advise the market as soon as the regulatory steps mentioned 
above have been completed. 
 
   **ENDS** 
 
   For further information, visit www.vastresourcesplc.com or please 
contact: 
 
 
 
 
Vast Resources plc                                www.vastresourcesplc.com 
 Roy Pitchford (Chief Executive Officer)           +44 (0) 20 7236 1177 
Beaumont Cornish - Financial & Nominated Adviser  www.beaumontcornish.com 
 Roland Cornish                                    +44 (0) 020 7628 3396 
 James Biddle 
Brandon Hill Capital Ltd - Joint Broker           www.brandonhillcapital.com 
 Jonathan Evans                                    +44 (0) 20 3463 5016 
Peterhouse Corporate Finance Ltd - Joint Broker   www.pcorpfin.com 
 Duncan Vasey                                      +44 (0) 20 7469 0936 
St Brides Partners Ltd                            www.stbridespartners.co.uk 
 Susie Geliher                                     +44 (0) 20 7236 1177 
 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

August 30, 2017 02:10 ET (06:10 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

1 Year Vast Resources Chart

1 Year Vast Resources Chart

1 Month Vast Resources Chart

1 Month Vast Resources Chart

Your Recent History

Delayed Upgrade Clock