Exercise of warrants

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

 

06 October 2015

Vast Resources plc 
("Vast" or the "Company")

Exercise of warrants

Vast Resources plc, the AIM listed resource and development company, announces that application has been made for 7,500,000 new ordinary shares of 0.1p each to be admitted to trading on AIM pursuant to the exercise of warrants by an adviser to the Company (the "Warrant Exercise"). Of the warrants exercised, 3,000,000 have an exercise price per share of 0.5 pence and 4,500,000 have an exercise price of 0.6 pence.

The 7,500,000 new ordinary shares issued pursuant to the Warrant Exercise will rank pari passu with the Company's existing ordinary shares and admission to trading on AIM is expected to occur at 8:00 am on 12 October 2015 ("Admission").

Following Admission, the total number of voting rights in the Company will be 1,480,848,989, with each ordinary share carrying the right to one vote.

The above figure of 1,480,848,989 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in VAST under the FCA's Disclosure and Transparency Rules.

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For further information visit www.vastresourcesplc.com or please contact:

Vast Resources plc Roy Tucker (Finance Director)	[phone]  [phone]
Roy Pitchford (Chief Executive Officer)	[phone]  [phone]   [phone]
Strand Hanson Limited - Financial & Nominated Adviser  James Spinney  Ritchie Balmer  James Bellman	www.strandhanson.co.uk  [phone]
Daniel Stewart and Company plc - Joint Broker  Martin Lampshire David Coffman	www.danielstewart.co.uk  [phone]
Dowgate Capital Stockbrokers Ltd - Joint Broker Jason Robertson Neil Badger	www.dowgatecapitalstockbrokers.co.uk [phone]
St Brides Partners Ltd Charlotte Heap Hugo de Salis	www.stbridespartners.co.uk  [phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vast Resources plc via Globenewswire

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