Vast Resources plc Baita Plai Project Update
18 March 2020 - 6:00PM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
18 March 2020
Vast Resources plc
("Vast" or the "Company")
Baita Plai Project Update
Vast Resources plc, the AIM-listed mining company, is pleased to update
the market on progress at its Baita Plai Polymetallic Mine "Baita Plai"
in Romania.
Further to the Company's announcement on 9 March 2020 regarding the
initial shipments of equipment being loaded on to a vessel, bound for
Romania, the Company can now confirm that the Vessel has sailed from
Yangshan port Shanghai. The estimated time of arrival according to the
shipping company is 23 April 2020 to the port of Constanta Romania.
The Company is also pleased to announce that a further shipment of 3-4
containers is due to depart later this week. The Company will keep the
market informed as shipments progress.
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc www.vastplc.com
Andrew Prelea (Chief Executive Officer) +44 (0) 1491 615 232
Andrew Hall
Beaumont Cornish - Financial & Nominated Adviser www.beaumontcornish.com
Roland Cornish +44 (0) 020 7628 3396
James Biddle
SP Angel Corporate Finance LLP -- Broker www.spangel.co.uk
Richard Morrison +44 (0) 20 3470 0470
Caroline Rowe
Blytheweigh www.blytheweigh.com
Tim Blythe +44 (0) 20 7138 3204
Megan Ray
The information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014 ("MAR").
ABOUT VAST RESOURCES PLC
Vast Resources plc, is an AIM listed mining company with mines in
Romania and Zimbabwe focused on the rapid advancement of high quality
brownfield projects by recommencing production at previously producing
mines in Romania and commencement of the joint venture mining agreement
on the Chiadzwa Community Concession Block of the Chiadzwa Diamond
Fields in Zimbabwe.
The Company's portfolio includes an 80% interest in the Baita Plai
Polymetallic Mine in Romania, where work is now currently underway
towards developing and recommissioning the mine and the Community
Concession Block in Chiadzwa, Zimbabwe.
Vast Resources owns the Manaila Polymetallic Mine in Romania, which was
commissioned in 2015, currently on care and maintenance.
(END) Dow Jones Newswires
March 18, 2020 03:00 ET (07:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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