Vast Resources PLC's Manaila licence area is extended
The extension represents a more than 20-fold increase in the total prospecting licence area.
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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The extension represents a more than 20-fold increase in the total prospecting licence area.
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Main share price risers and fallers in London at around 1.45pm
Vast Resources says operational break-even was achieved at its mines in Romania and Zimbabwe in its first reported quarter since commissioning.
African Potash, Patagonia Gold, Vast Resources and Caledonia Mining all had news out this week
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Directors, senior executives and consultants have agreed to subscribe for new shares at 0.8p per share to raise the additional capital.
Investments and investor services
Below are the main news-drive share price movements at 3.30pm
Investments and investor services
The FTSE 100 dropped over 2%, ending the day around 150 points lower at 6,093.
Investments and investor services
Green Dragon, Midatech Pharma and BATM Advanced Communications also had news out on Monday
The Footsie backtracked 115 points to 6126 amid weak Chinese manufacturing figures
Investments and investor services
Below are the main news-driven share price movements at 3.30pm.
Investments and investor services
The Footsie fell 115 points to 6126 on downbeat Chinese manufacturing data
Vast Resources shares surged 12.5% in early deals as it unveiled a financing deal with investor Crede to raise up to £5mln to further development in Romania.
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