Vast Resources plc New Director Holdings
06 May 2021 - 5:00PM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
6 May 2021
Vast Resources plc
("Vast" or the "Company")
New Director Holdings
Vast Resources plc, the AIM-listed mining company, announces that solely
as a result of the Capital Reorganisation approved on 5 May the New
Ordinary shares held by the Directors are as follows:
Andrew Prelea 16,065,147 7.54%
Roy Tucker 2,945,757 1.38%
Paul Fletcher 340,481 0.16%
Brian Moritz 250,000 0.12%
Craig Harvey 56,500 0.03%
Total Voting Rights
The number of ordinary shares in issue, as of the date of this
announcement, stands at 213,004,895 ordinary shares of 0.1p each. This
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify
their interest in Vast under the FCA's Disclosure and Transparency
Rules.
Market Abuse Regulation (MAR) Disclosure
Certain 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 as it forms part of UK Domestic Law
by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR") until
the release of this announcement.
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc www.vastplc.com
Andrew Prelea (CEO) +44 (0) 20 7846 0974
Andrew Hall (CCO)
Beaumont Cornish - Financial & Nominated Adviser www.beaumontcornish.com
Roland Cornish +44 (0) 020 7628 3396
James Biddle
Axis Capital Markets Limited -- Broker www.axcap247.com
Richard Hutchison +44 (0) 20 3206 0320
St Brides Partners Limited www.stbridespartners.co.uk
Susie Geliher +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.
(END) Dow Jones Newswires
May 06, 2021 03:00 ET (07:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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