Vast Resources (VAST)

Sector:

Mining

Index:

FTSE AIM All-Share

0.30p
   
  • Change Today:
    -0.025p
  • 52 Week High: 0.51
  • 52 Week Low: 0.11
  • Currency: UK Pounds
  • Shares Issued: 10,273m
  • Volume: 173,108,005
  • Market Cap: £30.31m
  • RiskGrade: 570

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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 0.30p
Change Today -0.025p
% Change -7.81 %
52 Week High 0.51
52 Week Low 0.11
Volume 173,108,005
Shares Issued 10,273m
Market Cap £30.31m
RiskGrade 570

Vast Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.71% below the market average44.71% below the market average44.71% below the market average44.71% below the market average44.71% below the market average
82.76% below the sector average82.76% below the sector average82.76% below the sector average82.76% below the sector average82.76% below the sector average
Price Trend
53.73% above the market average53.73% above the market average53.73% above the market average53.73% above the market average53.73% above the market average
65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average
Income Not Available
Growth
15.22% below the market average15.22% below the market average15.22% below the market average15.22% below the market average15.22% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average

Vast Resources Dividends

No dividends found

Trades for 24-Jan-2020

Time Volume / Share Price
17:07 1,000,000 @ 0.30p
16:29 1,705,367 @ 0.29p
16:28 100,000 @ 0.29p
16:27 6,745,362 @ 0.30p
16:26 382,300 @ 0.30p

Vast Resources Key Personnel

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

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