Last checked at (Sharecast News) - Vast Resources announced on Monday that it has started the drilling programme at its Baita Plai Polymetallic Mine in Romania.
The AIM-traded firm said the results of the drilling programme would be used to further define the grades and resource, and would support the process of confirming a JORC resource at Baita Plai.
"The company also announces that further to the announcement of 8 April regarding the company extending the exercise period of the warrants granted through the 2016 open offer and related placings from 30 June to 31 December 2019, the company has further extended the exercise period of these warrants to 30 June 2020," the board added in its short statement.
At 1451 GMT, shares in Vast Resources were down 2.91% at 0.27p.
26 Oct 2020 13:33
Vast Resources makes progress on financing at Baita Plai
(Sharecast News) - Vast Resources updated the market on its recent operational and financing progress on Monday, announcing a placing to raise £1.75m at 0.16p per share, to provide additional working capital following the recent cash settlement of its conversion notice, and funding through to payment in full from first copper sales to Mercuria.
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