Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
1 May 2018
Vast Resources plc
("Vast" or the "Company")
Memorandum of Understanding for Exploitation of Diamonds in
Vast Resources plc, the AIM-listed mining company with operating mines in
- to exchange information derived from past exploration on areas prospective for diamonds in
Zimbabwe ; and
- to form a special purpose jointly owned company for the purpose of developing and exploiting diamond resources in
Zimbabwe .
Any exploitation of diamonds in
As announced on 19 September 2008 the Company acquired at that time a database related to diamonds in
Andrew Prelea, Chief Executive of Vast Resources, commented:
"As a result of the new government's desire to open up business in
**ENDS**
For further information, visit www.vastresourcesplc.com or please contact:
Vast Resources plc Andrew Prelea (Chief Executive Officer) | www.vastresourcesplc.com +44 (0) 20 7236 1177 |
Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 020 7628 3396 |
Brandon Hill Capital Ltd - Joint Broker Jonathan Evans | www.brandonhillcapital.com +44 (0) 20 3463 5016 |
SVS Securities Plc - Joint Broker Tom Curran Ben Tadd | www.svssecurities.com +44 (0) 20 3700 0100 |
St Brides Partners Ltd Susie Geliher Charlotte Page | www.stbridespartners.co.uk +44 (0) 20 7236 1177 |
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").
Notes
Vast Resources plc is an AIM listed mining and resource development company focussed on the rapid advancement of high quality brownfield projects and recommencing production at previously producing mines in
Vast Resources currently owns and operates the Manaila Polymetallic Mine in
The Company also has interests in a number of projects in
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