16th Mar 2016 15:49
LONDON (Alliance News) - Vast Resources PLC, the AIM-listed mining company with operations in Romania and Zimbabwe, on Wednesday said that Crede CG III Ltd has chosen to convert into equity 32.2 million warrants issued under deal in January.
Vast said it has issued 55.0 million new shares to Crede, meaning the investor now owns about 2.8% of the company.
Shares in Vast were down 5.0% at 0.456 pence on Wednesday afternoon.
By Samuel Agini; [email protected]; @samuelagini
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