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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: 0.355
Bid: 0.33
Ask: 0.38
Change: 0.03 (9.23%)
Spread: 0.05 (15.152%)
Open: 0.325
High: 0.355
Low: 0.325
Prev. Close: 0.325
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Paul Fletcher joining Vast Resources board as finance director

Mon, 11th Nov 2019 11:55

(Sharecast News) - Mining company Vast Resources announced the appointment of Paul Fletcher as its finance director on Monday, with immediate effect.
The AIM-traded firm said Fletcher had been chief financial officer of the company since his appointment on 11 February.

It said he had more than 25 years of experience working in the commodity and financial services industries, having held a variety of senior international finance and operational roles in trading, processing, and financial businesses in the US, Europe, and Asia - most recently with US agribusiness and food company Bunge, as global chief financial officer and controller of Bunge Financial Services, and as treasury and trading product line controller.

Before joining Bunge, Fletcher held various senior roles within Cargill's energy business and internal audit, and was also an audit and tax manager at PepsiCo Snacks and audit assistant manager at KPMG in Barcelona.

Roy Tucker, former finance director, would continue as business director of the company.

"I have great pleasure in welcoming Paul to the board," said chief executive officer Andrew Prelea.

"Paul has demonstrated expertise and commitment to Vast ever since his appointment as chief financial officer and has already made a significant contribution to the company.

"I believe that his appointment to the board will strengthen the company in this next important phase of the company's history."

At 1154 GMT, shares in Vast Resources were up 2.74% at 0.41p.
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6 Nov 2023 14:34

Vast updates debt agreements with A&T and Mercuria

(Sharecast News) - Mining company Vast Resources updated the market on its debt funding arrangements with A&T Investments (Alpha) and Mercuria Energy Trading on Monday.

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Vast Resources hails first loading of dry metric tonnes in Tajikistan

(Alliance News) - Vast Resources PLC on Thursday reported progress on its activities in Tajikistan.

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6 Oct 2023 13:00

Vast Resources raises £1.82m to fund working capital

(Sharecast News) - Mining firm Vast Resources announced it had successfully raised £1.82m on Friday to fund its working capital and to meet its obligations in Romania.

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IN BRIEF: Vast Resources raises GBP1.8m via share placing

Vast Resources PLC - mining and resource development company with interests in Romania, Tajikistan and Zimbabwe - Raises GBP1.8 million via placing of 933.0 million new shares at 0.195 pence per share. Says the placing will be used for working capital and to support its Baita Plai mine in Romania. Says the funds will cover any unforeseen operational costs due to recent protest action and fund future expansion capital costs, drilling and mine development costs. Notes that it has begun commercial lead and zinc production at Baita Plai, while drilling continues and it plans to extend its licence in 2024.

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4 Oct 2023 17:18

IN BRIEF: Vast Resources wins extensions relating to debt funding

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4 Oct 2023 13:29

Vast Resources extends deadline for debt discussions

(Sharecast News) - Mining company Vast Resources announced on Wednesday that a further extension had been agreed upon over its ongoing debt discussions with investment firm A&T Investments (Alpha) and global energy and commodity group Mercuria Energy Trading.

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2 Oct 2023 10:53

IN BRIEF: Vast Resources in talks to extend debt it owes

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Confirms talks with A&T Investments SARL and Mercuria Energy Trading SA relating to a possible extension of tranche A of the prepayment agreement first announced in March 2018. The totality of debt that Vast Resources owes was due to be repaid last week Friday.

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IN BRIEF: Vast Resources sees shares surge on end to Baita Plai strike

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