Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
31 March 2020
Vast Resources plc
(“Vast” or the “Company”)
Election to pay in shares 29 March 2020 interest of
to Atlas Special Opportunities LLC (‘Atlas’)
Issue of 13,703,171 shares
Vast Resources plc, the AIM-listed mining company, announces that the Company has elected to pay the interest due on 29 March 2020 on the
Admission of and dealings in the Issue Shares
Application is being made for the Issue Shares to be admitted to trading on AIM (‘Admission’) and it is expected that Admission will become effective and dealing in the Issue Shares will commence on or around 3 April 2020. The Issue Shares will rank pari passu with existing Ordinary Shares.
Following Admission the total issued share capital of the Company will be 10,287,065,759. The above figure 10,287,065,759 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Vast under the FCA's Disclosure and Transparency Rule.
**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) 1491 615 232 |
Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 020 7628 3396 |
SP Angel Corporate Finance LLP – Broker Richard Morrison Caroline Rowe | www.spangel.co.uk +44 (0) 20 3470 0470 |
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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