Vast Resources (VAST)

Sector:

Mining

Index:

FTSE AIM All-Share

0.23p
   
  • Change Today:
      0.005p
  • 52 Week High: 0.51
  • 52 Week Low: 0.11
  • Currency: UK Pounds
  • Shares Issued: 12,214m
  • Volume: 153,540,397
  • Market Cap: £27.48m
  • RiskGrade: 422

Vast Resources raises ?0.66m via subscription from new investor

By Josh White

Date: Thursday 08 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Vast Resources has raised in aggregate £0.66m through a placing of 595,454,545 ordinary shares at a price of 0.11p each, it announced on Thursday.
The AIM-traded firm said the subscription was undertaken by a new, unnamed institutional investor.

It said it had agreed to issue 17,000,000 warrants to subscribe for ordinary shares at an exercise price of 0.13p per share, and 17,000,000 warrants at an exercise price of 0.15p per share to the investor.

All warrants would expire on 8 August 2022.

"The subscription shares were issued under existing authorities available to the board relating to the company's Zimbabwe projects," the Vast Resources directors said in their statement.

"The cash raised from the subscription, which includes payment for expenditure already incurred, will be used for immediate strategic operational requirements in Zimbabwe."

Vast Resources said it was continuing to progress its financing discussions, and maintained its production targets by the end of 2019.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Vast Resources Market Data

Currency UK Pounds
Share Price 0.23p
Change Today 0.005p
% Change 2.27 %
52 Week High 0.51
52 Week Low 0.11
Volume 153,540,397
Shares Issued 12,214m
Market Cap £27.48m
RiskGrade 422

Vast Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.15% below the market average50.15% below the market average50.15% below the market average50.15% below the market average50.15% below the market average
77.39% below the sector average77.39% below the sector average77.39% below the sector average77.39% below the sector average77.39% below the sector average
Price Trend
12.18% below the market average12.18% below the market average12.18% below the market average12.18% below the market average12.18% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Income Not Available
Growth
12.09% below the market average12.09% below the market average12.09% below the market average12.09% below the market average12.09% below the market average
20.69% below the sector average20.69% below the sector average20.69% below the sector average20.69% below the sector average20.69% below the sector average

Vast Resources Dividends

No dividends found

Trades for 03-Aug-2020

Time Volume / Share Price
16:29 250,000 @ 0.22p
16:26 1,449,660 @ 0.22p
16:25 1,000,000 @ 0.22p
16:25 2,282,860 @ 0.22p
16:23 3,196,633 @ 0.22p

Vast Resources Key Personnel

Chair Brian Michael Moritz
CEO Andrew Prelea
COO Craig James
Finance Director Paul Fletcher

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