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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 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 |
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.
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