Vast Resources PLC
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
10 January 2025
Vast Resources plc
(‘Vast’ or the ‘Company’)
Financing Update
Vast Resources plc, the AIM-listed mining company, is pleased to announce that, whilst continuing to finalise its various funding options as previously announced, the Company has accepted an interest free, unsecured loan of €500,000 from its Chief Executive Officer, Andrew Prelea, repayable when the Company finalises funding and can afford to do so. The loan will be applied towards the Company’s general working capital requirements.
The loan from Andrew Prelea to the Company is a related party transaction under AIM Rule 13 and accordingly, the directors, other than Andrew Prelea (who, as an interested party, is excluded from voting on the matter), consider, having consulted with the Company’s Nominated…
