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Share Price: 0.215

Bid: 0.21

Ask: 0.22

Change: -0.015 (-6.52%)

Spread: 0.01 (4.762%)

Open: 0.23

High: 0.23

Low: 0.215

Prev. Close: 0.23

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IN BRIEF: Vast Resources agrees to debt extension with Mercuria

Wed, 21st Jun 2023 11:49

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Agrees to debt extension with Mercuria Energy Trading SA to December 30, 2024. Last year, Vast Resources undertook a debt reduction of USD1.0 million to Mercuria, and secured a USD4.0 million asset backed debt facility from A&T Investments Sarl, arranged by Swiss investment banking boutique Alpha Credit SA. Total debt owed to Mercuria is GBP7.7 million.

Current stock price: 0.51 pence, up 5.8% on Wednesday

12-month change: down 36%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Vast Resources upbeat on 'highly encouraging' drilling results

(Sharecast News) - Vast Resources updated the market on progress at its Baita Plai Polymetallic Mine in Romania on Thursday, reporting that a drilling program targeting the area below level 18 on the Antonio skarn had returned "highly encouraging" results, in line with its expectations.

24 Jul 2020 13:56

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Vest Resources encouraged by latest work at Baita Plai

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13 Jul 2020 12:36

Vast Resources shares fall after Baita Plai update

(Sharecast News) - Shares in mining company Vast Resources were in the red on Monday afternoon, after it updated the market on progress at its Baita Plai Polymetallic Mine in Romania.

30 Jun 2020 13:09

Vast Resources granted expanded licence at Manaila

(Sharecast News) - Vast Resources updated the market on progress at its Manaila Polymetallic Mine, and the adjacent Manaila Carlibaba Extension Project, in Romania on Tuesday, confirming it has now been granted the Manaila Carlibaba exploitation licence.

22 Jun 2020 10:20

Vast Resources raises £1.48m to cover Atlas liability

(Sharecast News) - Mining outfit Vast Resources said it had raised £1.48m to settle a liability with Atlas Capital Markets and fund early production at its Baita Plai Polymetallic Mine .

18 May 2020 09:04

Vast Resources raises ?0.9m via placing and subscription

(Sharecast News) - Vast Resources has raised a total of ?0.9m before costs, it announced on Monday, through a placing and a subscription of 600,944,440 ordinary shares at a price of 0.15p each.

11 May 2020 16:13

Vast Resources appoints general manager to Baita Plai

(Sharecast News) - Vast Resources updated the market on progress at its Baita Plai polymetallic mine in Romania on Monday, announcing the hire of Adrian Badita as general manager at the mine, reporting to chief operating officer Craig Harvey.

4 May 2020 11:21

Vast Resources responds to Zimbabwe press speculation

(Sharecast News) - Vast Resources released a statement in response to articles in the Zimbabwean press press on Monday, updating the market on the anticipated joint venture between its subsidiary Katanga Mining, and the Zimbabwe Consolidated Diamond Company.

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IN BRIEF: Vast Resources agrees to debt extension with Mercuria

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