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Pin to quick picksVast Res Share News (VAST)

Share Price Information for Vast Res (VAST)

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Share Price: 0.32
Bid: 0.30
Ask: 0.34
Change: -0.015 (-4.48%)
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Open: 0.335
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EXECUTIVE CHANGES: AIB Taps Former DCC CFO As Non-Executive Director

Fri, 22nd Jan 2021 14:47

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:

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AIB Group PLC - Dublin-based bank - Hires Fergal O'Dwyer as an independent non-executive director, effective immediately. O'Dwyer retired as chief financial officer of DCC PLC last year, having joined the FTSE 100 support services firm in 1989.

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Beazley PLC - London-based specialist insurance - Andrew Likierman to step down from board at end of annual general meeting on March 26, having completed two three-year terms. John Sauerland also will stand down at the AGM.

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Carclo PLC -West Yorkshire-based engineering for medical, optical and aerospace industries - Appoints Frank Doorenbosch as non-executive director, starting February 1. Doorenbosch is a plastics industry veteran, having spent most of his career at former London-listing RPC Group PLC.

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GCM Resources PLC - Phulbari coal and power project in north west Bangladesh - Promotes Chief Operating Officer Gary Lye to board as executive director, effective immediately. Lye also is chief executive officer of GCM subsidiary Asia Energy Corp (Bangladesh) Pty Ltd. He has worked on the Phulbari project since 2004 and led the exploration programme and feasibility study

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Restaurant Group PLC - operates 400 restaurants under Wagamama, Frankie & Benny's and Brunning & Price brands - Hires Alex Gersh as non-executive director, starting February 23. Gersh currently is CFO of sports data firm Sportradar. Among previous roles, Gersh was CFO of gambling company Paddy Power Betfair Group, now called Flutter Entertainment PLC.

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Vast Resources PLC - mining and mine development in Romania and Zimbabwe - Hires Marcus Brewster as general manager of its Baita Plai polymetallic mine in Romania. Brewster has 24 years mining experience, including with Hummingbird Resources PLC, Endeavour Mining Corp, Nordgold & Gold Fields Ltd. Vast says product and sales of concentrate at the Baita Plai miner continue to be in line with expectations.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
3 May 2024 14:19

IN BRIEF: Vast Resources in advanced talks for restructuring finance

Vast Resources PLC - mining company with operations in Central Asia, Eastern Europe and Africa - On Monday, noted that debt due to A&T Investments SARL, known as Alpha, is about USD5.5 million, with USD1.5 million due next week Tuesday. A further USD1.5 million will be due to be repaid 60 days from the first repayment. Vast Resources is in advanced discussions with the owner of Swiss investment company Mercuria Energy Trading SA for the provision of major restructuring finance for Vast Resources, including debt owed to Alpha. Vast owes Mercuria around USD3.9 million, with Mercuria confirming a further extension.

Read more
13 Mar 2024 14:23

IN BRIEF: Vast inks offtake deal with Trafigura for Baita Plai copper

Vast Resources PLC - Mining company with operations in Central Asia, Eastern Europe and Africa - Signs new exclusive offtake agreement with Trafigura Group Pte for copper concentrate produced at its Baita Plai mine in Transylvania. Trafigura is a Singapore-headquartered commodity trading company focused on base metals and energy commodities. The pair previously signed an offtake agreement for Vast's Takob mine in Tajikistan. The latest deal will be in place until June 2025. Vast says that copper concentrate production has been ramping up at Baita Plai, increasing 24% between the fourth quarter of 2022 and 2023, and that recent refurbishments will result in an improvement to the grade of concentrate produced at the mine.

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13 Mar 2024 14:17

Vast Resources inks new offtake deal with Trafigura

(Sharecast News) - Vast Resources announced a new exclusive offtake agreement with Trafigura Group on Wednesday, for all copper concentrate produced at the Baita Plai Polymetallic Mine in Romania.

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29 Feb 2024 18:52

EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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22 Feb 2024 14:25

UK shareholder meetings calendar - next 7 days

Friday 23 February 
Blencowe Resources PLCAGM
Bluebird Merchant Ventures LtdAGM
Caledonian Trust PLCAGM
Chemring Group PLCAGM
Marble Point Loan Financing LtdEGM
Monday 26 February 
Oncimmune Holdings PLCAGM
Tuesday 27 February 
abrdn Diversified Income & Growth PLCAGM
Asian Energy Impact Trust PLCGM re annual accounts
Custodian Property Income REIT PLCGM re merger with abrdn Property Income Trust Ltd
JPMorgan Mid Cap Investment Trust PLCGM 2nd re merger with JPMorgan Mid Cap
LondonMetric Property PLCGM re merger with LXi REIT Plc
Victorian Plumbing Group PLCAGM
Vinanz LtdAGM
Wednesday 28 February 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
Beacon Rise Holdings PLCEGM re continued pursuit of an acquisition
Downing Strategic Micro-Cap Investment Trust PLCGM re managed wind-down
Image Scan Holdings PLCAGM
PPHE Hotel Group LtdEGM re waiver of mandatory offer provisions
Verditek PLCGM re disposal of solar business
Thursday 29 February 
Capital for Colleagues PLCAGM
Home REIT PLCAGM
IntegraFin Holdings PLCAGM
Intuitive Investments Group PLCAGM
Shanta Gold LtdGM re acquisition by ETC Holdings
Vast Resources PLCGM re capital reorganisation
Watkin Jones PLCAGM
Zytronic PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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14 Feb 2024 11:56

Vast Resources hopes to repay debts with USD9 million share placing

(Alliance News) - Vast Resources PLC shares plunged on Wednesday, after it announced a general meeting to propose issuing new shares to potentially repay creditors.

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7 Feb 2024 13:08

Vast Resources reports slight fall in Baita Plai production

(Sharecast News) - Mining company Vast Resources released its fourth quarter production figures for the Baita Plai polymetallic mine in Romania on Wednesday, extracting 24,178 tonnes of material in the period, yielding 562 dry metric tonnes (DMT) of concentrate with a copper concentrate grade of 18%.

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7 Feb 2024 11:22

IN BRIEF: Vast Resources quarterly copper concentrate grade falls

Vast Resources PLC - mine development company with interests in Romania, Tajikistan and Zimbabwe -

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23 Jan 2024 14:13

Vast Resources shares fall after GBP1.3 million Baita Plai fundraise

(Alliance News) - Vast Resources PLC shares sank on Tuesday, after announcing a GBP1.3 million placing to cover development expenses at its Romanian mine.

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23 Jan 2024 10:36

AIM WINNERS & LOSERS: Brave Bison to beat market view in 2023

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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22 Jan 2024 13:46

Vast inks PGM marketing deal with Swiss investment firm

(Sharecast News) - Mining company Vast Resources announced a three-year marketing agreement with a Swiss investment firm on Monday, for the exclusive distribution of high-grade platinum group metal (PGM) concentrates produced within the EU.

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22 Jan 2024 11:32

Vast Resources signs marketing deal with sales value of USD100 million

(Alliance News) - Vast Resources PLC on Monday said it executed a three-year exclusive marketing agreement for distributing high-grade platinum group metals concentrates produced in the EU.

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16 Jan 2024 12:36

Vast Resources shares rise as Bay Square completes Aprelevka takeover

(Alliance News) - Vast Resources PLC on Tuesday said it completed the necessary due diligence to acquire a company with interests in Aprelevka, which owns a number of highly prospective mining assets in Central Asia.

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15 Jan 2024 14:05

Vast Resources extends debt repayment date to January 31

(Alliance News) - Vast Resources PLC shares fell on Monday, after it said it has concluded legal documentation for an debt repayment extension to January 31.

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8 Dec 2023 12:52

TRADING UPDATES: Marula says Blesberg equipment arrives early

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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