Funding Update

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

18 12 2019

Vast Resources plc
(“Vast” or the “Company”)

Funding Update

Vast Resources plc, the AIM-listed mining company, is pleased to announce that, further to the Company’s announcement of 24 October 2019 regarding the Company signing binding documentation with Atlas Capital Markets Limited, the Company continues to progress towards drawdown of Tranche 1 with both parties working together with the intent to effect drawdown before 31 December 2019.

Further announcements on progress will be made, as appropriate, in due course.


For further information, visit or please contact:

Vast Resources plc
Andrew Prelea (Chief Executive Officer)
Andrew Hall
+44 (0) 1491 615 232
Beaumont Cornish - Financial & Nominated Adviser 
Roland Cornish 
James Biddle
+44 (0) 020 7628 3396
SP Angel Corporate Finance LLP – Broker
Richard Morrison
Caroline Rowe
 +44 (0) 20 3470 0470

Tim Blythe
Megan Ray 
+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”).


Vast Resources plc, is an AIM listed mining company with mines in Romania and Zimbabwe focused on the rapid advancement of high quality brownfield projects by recommencing production at previously producing mines in Romania and commencement of the joint venture mining agreement on the Chiadzwa Community Concession Block of the Chiadzwa Diamond Fields in Zimbabwe.

The Company’s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in Romania, where work is now currently underway towards developing and recommissioning the mine and the Community Concession Block in Chiadzwa, Zimbabwe.

Vast Resources owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance.