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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: 0.335
Bid: 0.32
Ask: 0.35
Change: -0.02 (-5.63%)
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Open: 0.355
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TRADING UPDATES: Cellular Goods product in Sephora's "Beauty Box"

Mon, 06th Nov 2023 13:57

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

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Cellular Goods PLC - London-based cannabidiol-focused skincare brand - Says cannabinoid face oil product will be available as part of beauty products seller Sephora UK's Beauty Box subscription service. "Cellular Goods is the first CBG-based skincare brand to be offered as part of the Beauty Box subscription service from Sephora UK, the multinational beauty and cosmetics retailer. Sephora's Beauty Box is an elevated pick and mix subscription service for its customers and is the only premium beauty box subscription in the market which allows customers to select their own products to trial each month," Cellular says.

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Beximco Pharmaceuticals Ltd - generic pharmaceutical products and active ingredients manufacturer - Net revenue in first-quarter ended September rises 14% on-year to BDT11.16 billion, around GBP81.7 million, from BDT9.79 billion a year prior. Pretax profit increases 9.1% to BDT2.05 billion from BDT1.88 billion. "Amidst challenges, we delivered strong growth in revenue in this first quarter. The ongoing macro-economic headwinds, especially the devaluation of currency and high inflationary pressures, weigh on our bottom line and somewhat overshadow our accomplishment. That said, we remain confident in the strength of the business and our strategy as we continue to focus on growth through the delivery of high-quality, affordable medicines to patients," Managing Director Nazmul Hassan says.

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D4t4 Solutions PLC - Sunbury-on-Thames, England-based data management platform - Approves share buyback of 500,000 ordinary shares. Maximum price per share can be no higher than 105% of the average middle market closing price in the five days prior to any buyback. "Subject to this price limit, the company has also stipulated that ordinary shares may be purchased for no more than 250 pence per share," it says. It means the buyback cannot total more than GBP1.3 million. It adds: "The company intends to hold all ordinary shares so purchased in treasury for the purpose of satisfying future obligations in relation to its employees' or other share schemes."

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S-Ventures PLC - investor in natural, wellness and food tech brands - Secures bridging loan facility of GBP1 million, largely for short-term working capital purposes. Will be repayable in six months. "The facility has been secured through a Middle Eastern family office and enables S-Ventures to secure working capital as it works through its fundraise plans and process. The facility is in two tranches of GBP500,000," S-Ventures says. Facility has a 2% per month interest rate.

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Vast Resources PLC - mining and resource development company with interests in Romania, Tajikistan and Zimbabwe - Concludes legal documentation for extension to its asset-backed debt facility with A&T Investments SARL and to tranche A of its prepayment agreement with Mercuria Energy Trading SA.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. 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.

Read more
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:

Read more
22 Feb 2024 14:25

UK shareholder meetings calendar - next 7 days

Friday 23 February 
Blencowe Resources PLCAGM
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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
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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.

Read more
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%.

Read more
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.

Read more
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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