Vast Resources seeks permission to issue new equity
Vast wants permission to issue new shares, so that it can provide more funding to its mining operations as well as seed capital for new opportunities.
Company
LON:VAST
Vast Resources plc is an AIM-quoted mining and exploration company dedicated to the discovery, development, and production of precious and base metals. The company has a long-standing presence on the ground in both Romania and in Zimbabwe.
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Vast wants permission to issue new shares, so that it can provide more funding to its mining operations as well as seed capital for new opportunities.
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The mining company said the US$4.485mln purchase price is financed by a loan from Sub-Sahara Goldia Investments
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