Vast Resources (GB:VAST) has released an update.
Vast Resources plc, a mining company listed on the AIM, is issuing 50 million new shares to its broker in exchange for fees, allowing the company to conserve cash for operational needs. This strategic move aligns the broker’s interests with Vast’s corporate objectives while facilitating continued support for its mining projects in Romania, Zimbabwe, and Tajikistan. The newly issued shares are expected to begin trading on AIM by mid-November, expanding the company’s total share capital to over 2.6 billion shares.
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