Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
4 May 2020
Vast Resources plc
(“Vast” or the “Company”)
Response to articles published by the Press in
Vast Resources plc, the United Kingdom AIM listed mining company with mines and projects in
As the Company awaits finalisation of the Joint Venture in the post Covid-19 lockdown period, the Company continues to engage with the Zimbabwe Government, which has warmly welcomed the investment, and expects the project to play its part and be a contributor to the country's economic recovery programme post the pandemic in line with the Governments
Vast Resources PLC and its subsidiaries have, throughout the Joint Venture process, maintained constant dialog and interaction with the Community and all stakeholders who have formally written to the Company maintaining their support.
The Company continues to act in good faith to the benefit of the
The Company has always provided updates to the market based on information provided by the relevant Government bodies and backed by documentation, the most recent being the announcement made by the Company on 3rd March 2020.
The Company remains confident that despite the recent COVID19 lockdown and other delays that have arisen in recent months due to matters unrelated to the relationship between the Zimbabwean Government and Vast Resources PLC, the project will be continued to the benefit of all stakeholders
We look forward to providing further updates as we receive official communication from the authorised bodies in
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc Andrew Prelea (Chief Executive Officer) Andrew Hall | www.vastplc.com +44 (0) 207 846 0974 |
Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 020 7628 3396 |
SP Angel Corporate Finance LLP – Joint Broker Richard Morrison Caroline Rowe | www.spangel.co.uk +44 (0) 20 3470 0470 |
Axis Capital Markets Limited – Joint Broker Richard Hutchison | www.axcap247.com +44 (0) 20 3206 0320 |
Blytheweigh Tim Blythe Megan Ray | www.blytheweigh.com +44 (0) 20 7138 3204 |
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
The Company’s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in
Vast Resources owns the Manaila Polymetallic Mine in
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