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Pin to quick picksVast Res Share News (VAST)

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TRADING UPDATES: Vast Resources in offtake deal; Conroy posts assays

Fri, 07th Oct 2022 21:54

(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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Vast Resources PLC - mining company focused on Romania, Tajikistan and Zimbabwe - Following the opening of the Takob mine processing project at the Takob mine in Tajikistan, signs exclusive offtake contract with Trafigura PTE Ltd, an commodity trading and logistics firm, for the sale of bulk concentrates produced at the project. The mine is to produce around 7,000 tonnes per month of ore containing no less than 1.5% to 2.0% lead, 1.2% to 1.4% zinc, and 27% fluoride.

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Conroy Gold & Natural Resources PLC - gold exploration and development company focused on Ireland and Finland - Announces assay results from fourth drill hole of an eight-drill hole programme on its Clontibret gold deposit in Ireland. 33.2 metre gold zone has been interested, grading 0.8 grams per tonne of gold. Company says presence of wide gold mineralisation shows the continuity of gold mineralisation in the stockwork in the area.

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Strategic Equity Capital PLC - specialist alternative equity trust, maintaining a portfolio of UK smaller companies - Net asset value per share at June 30 is 316.21 pence, down 9.7% from 350.05p at the same time a year prior. Total assets fall 21% to GBP1777.2 million from GBP223.8 million in the same time span. In the year ended June 30, total NAV return is negative 9.2%, compared to positive 47% the previous year. Benchmark index, the FTSE Small Cap (ex Investment Trusts) Index, returns negative 15% in the year. Proposes final dividend of 2.00p, up from 1.60p the previous year.

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Karelian Diamond Resources PLC - Dublin-based diamond explorer - Granted two additional mineral prospecting licences in Northern Ireland. Licences for the exploration of the presence of nickel-copper-platinum mineralisation. They are valid for a period of six years and are adjacent to the company's existing KDR-1 licence.

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Carnival PLC - Miami, Flordia-based cruise line - Notes that the approval of Executive Compensation and the Directors' Remuneration Report passed with the support of 64% shareholders.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
27 Apr 2020 10:30

Vast Resources reports progress on Baita Plai

(Sharecast News) - Vast Resources updated the market on progress at its Baita Plai Polymetallic Mine in Romania on Monday, confirming that the first shipment of equipment has arrived in country, at the Port of Constanta.

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16 Apr 2020 16:54

Vast Resources Raises GBP600,000 To Maintain Working Capital

Vast Resources Raises GBP600,000 To Maintain Working Capital

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16 Apr 2020 15:28

Vast raises ?0.6m as it looks to complete Chiadzwa joint venture

(Sharecast News) - Mining company Vast Resources has raised ?0.6m before costs through a placing of 392,156,863 ordinary shares at a price of 0.153p each, it announced on Thursday.

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16 Mar 2020 15:19

Vast Resources trying to maintain Baita Plai timeline

(Sharecast News) - Mining company Vast Resources updated the market on progress at its Baita Plai polymetallic mine in Romania on Monday, following President Iohannis declaring a state of emergency in the country as of 16 March, in response to the Covid-19 coronavirus pandemic.

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31 Jan 2020 14:22

Vast Resources completes first drawdown of Atlas Capital facility

(Sharecast News) - Vast Resources announced on Friday that the first tranche drawdown process of the Atlas Capital Markets, adjoined with Atlas Special Opportunities, facility under the bond issue deed that it announced on 24 October, had been completed, with confirmation of payment now received.

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2 Jan 2020 15:02

Vast Resources drawing down first tranche of Atlas Capital funding

(Sharecast News) - Mining company Vast Resources has submitted a drawdown request for the first tranche Issuance to Atlas Capital Markets, it announced on Thursday, in accordance with the terms and conditions of the bond issuance deed.

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2 Jan 2020 12:16

Vast Resources Requests First Tranche Of Atlas Capital Funding

Vast Resources Requests First Tranche Of Atlas Capital Funding

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31 Dec 2019 13:40

Vast Resources Receives GBP1,303 From Warrant Exercise

Vast Resources Receives GBP1,303 From Warrant Exercise

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23 Dec 2019 17:35

Vast Resources Begins Drilling At Romania Polymetallic Project

Vast Resources Begins Drilling At Romania Polymetallic Project

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23 Dec 2019 14:54

Vest Resources begins drilling at Baita Plai

(Sharecast News) - Vast Resources announced on Monday that it has started the drilling programme at its Baita Plai Polymetallic Mine in Romania.

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18 Dec 2019 14:14

Vast Resources To Get First Part Of USD15 Million Facility By 2019-End

Vast Resources To Get First Part Of USD15 Million Facility By 2019-End

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16 Dec 2019 16:22

Vast Resources announces cold commissioning of Baita Plai

(Sharecast News) - Mining company Vast Resources announced the cold commissioning of Baita Plai Polymetallic Mine on Monday.

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28 Nov 2019 16:41

Botswana Diamonds And Vast Resources Agree Terms For New Zimbabwe Deal

Botswana Diamonds And Vast Resources Agree Terms For New Zimbabwe Deal

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28 Nov 2019 16:05

Vast Resources revises agreement with Botswana Diamonds

(Sharecast News) - Romania and Zimbabwe-focussed mining company Vast Resources has revised its agreement with Botswana Diamonds as a consulting partner in the development of the Chiadzwa Community Diamond Concession in the Marange Diamond Fields of Zimbabwe, it announced on Thursday.

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11 Nov 2019 12:05

Vast Resources Appoints Chief Financial Officer Fletcher To Board

Vast Resources Appoints Chief Financial Officer Fletcher To Board

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