16th Oct 2024 14:25
Vast Resources PLC - London-based mining and resource development company - Raises GBP750,000 from placing of 750.0 million shares at 0.1 pence each. The offer price represents a 19.3% discount to the five-day volume weighted average price, Vast Resources notes. Vast Resources says it will use the cash raised from the placing to maintain the business in compliance with the reorganisation plan at Baita Plai. The placing is run by Axis Capital Markets Ltd.
Current share price: 0.11 pence in London on Wednesday afternoon
12-month change: down 48%
By Lydia Doye, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.