RE: If I understand26 Jan 2021 16:42
I have copy and pasted this from a previous RNS, same wording as the most recent RNS, so the company this time around have just chose not to settle in cash
Vast Resources plc, the AIM-listed mining company, announces that Atlas Special Opportunities LLC (“Atlas”) has given notice to the Company that it elects to convert bonds of US$500,000 in accordance with the terms of the Bond Issuance Deed as announced on 24 October 2019. The Company can confirm it has satisfied the exercise of conversion rights by making payment of the cash alternative amount of US$555,555.