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Vast Resources secures $15mln facility to bring Baita Plai and its diamonds into production

Vast Resources' (LON:VAST) CEO Andrew Prelea, Andrew Hall who's head of corporate development as well as CFO Paul Fletcher speak to Proactive London's Andrew Scott following the news they've secured a $15mln financing facility.

They say the funds will predominantly be used to bring Baita Plai and the Diamond Concession into production

Quick facts: Vast Resources PLC

Price: 0.128 GBX

AIM:VAST
Market: AIM
Market Cap: £26.85 m
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Vast Resources update on asset backed debt facility situation

Vast Resources PLC's (LON:VAST) Chief Commercial Officer Andrew Hall talks to Proactive London about the asset backed debt facility. Hall is awaiting this transaction to be 'reassessed' following the announcement made on 16 December 2020 regarding the final credit committee meeting which focused...

3 days, 15 hours ago

2 min read