Result of AGM
Vast Resources plc / Ticker: VAST / Index: AIM /
Sector: Mining
29 December 2021
Vast Resources plc(“Vast” or the
“Company”)
Results of Annual
General Meeting
Vast Resources plc, the AIM-listed mining company, announces
that at the Company’s Annual General Meeting held earlier today the
proposed resolutions were all duly passed.
**ENDS**
For further information, visit
www.vastplc.com or please contact:
Vast
Resources plcAndrew Prelea (CEO)Andrew Hall (CCO) |
www.vastplc.com+44 (0) 20 7846 0974 |
Beaumont
Cornish – Financial & Nominated AdvisorRoland
CornishJames Biddle |
www.beaumontcornish.com+44 (0) 20 7628 3396 |
Shore
Capital Stockbrokers Limited –
Joint Broker Toby Gibbs / James Thomas (Corporate
Advisory) |
www.shorecapmarkets.co.uk +44 (0) 20 7408 4050 |
Axis
Capital Markets Limited – Joint
Broker Kamran Hussain |
www.axcap247.com +44 (0) 20 3206 0320 |
St Brides
Partners LimitedSusie Geliher |
www.stbridespartners.co.uk+44 (0) 20 7236 1177 |
ABOUT VAST RESOURCES PLC
Vast Resources plc is a United Kingdom AIM
listed mining company with mines and projects in Romania and
Zimbabwe.
In Romania, the Company is focused on the rapid
advancement of high-quality projects by recommencing production at
previously producing mines.
The Company's Romanian portfolio includes 100%
interest in the producing Baita Plai Polymetallic Mine, located in
the Apuseni Mountains, Transylvania, an area which hosts Romania's
largest polymetallic mines. The mine has a JORC compliant Reserve
& Resource Report which underpins the initial mine production
life of approximately 3-4 years with an in-situ total mineral
resource of 15,695 tonnes copper equivalent with a further 1.8M-3M
tonnes exploration target. The Company is now working on confirming
an enlarged exploration target of up to 5.8M tonnes.
The Company also owns the Manaila Polymetallic
Mine in Romania, which was commissioned in 2015, currently on care
and maintenance. The Company has been granted the Manaila Carlibaba
Extended Exploitation Licence that will allow the Company to
re-examine the exploitation of the mineral resources within the
larger Manaila Carlibaba licence area.
In Zimbabwe, the Company is focused on the
commencement of the joint venture mining agreement on the Community
Diamond Concession, Chiadzwa, in the Marange Diamond Fields.
In Botswana, the Company is focused on
finalising the acquisition of the Ghaghoo Diamond Mine, which will
be conducted through a joint venture between the Company and
Botswana Diamonds plc and will provide the Company with a 90%
interest in a high quality and previously producing diamond asset
benefiting from world-class infrastructure and capable of
generating material revenues in the near term.
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