Vast Resources (VAST)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.35p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.53p
  • 52 Week Low: 0.068p
  • Currency: UK Pounds
  • Shares Issued: 3,513.88m
  • Volume: 23,253,746
  • Market Cap: £12.12m
  • RiskGrade: 355

Vast Resources raises £2.71m from subscription, share placement

By Iain Gilbert

Date: Monday 16 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Mining company Vast Resources announced on Monday that it has raised gross proceeds of £2.71m by way of a subscription for 60.57m new ordinary shares and a placing of 714.28m new ordinary shares at a price of 0.35p.
Vast Resources said net cash raised from the fundraise will be used for the "primary beneficiation" of diamond parcels, which was expected to "significantly enhance their value", providing financial support. Additionally, funds raised will be used for general working capital.

The AIM-listed group added that the placing, which will close in two tranches, was undertaken by its joint broker, Axis Capital Markets.

As of 0915 BST, Vast Resources shares were down 14.63% at 0.38p.



Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Vast Resources Market Data

Currency UK Pounds
Share Price 0.35p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.53p
52 Week Low 0.068p
Volume 23,253,746
Shares Issued 3,513.88m
Market Cap £12.12m
RiskGrade 355

Vast Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.98% below the market average4.98% below the market average4.98% below the market average4.98% below the market average4.98% below the market average
54.33% below the sector average54.33% below the sector average54.33% below the sector average54.33% below the sector average54.33% below the sector average
Price Trend
44.01% above the market average44.01% above the market average44.01% above the market average44.01% above the market average44.01% above the market average
34.81% above the sector average34.81% above the sector average34.81% above the sector average34.81% above the sector average34.81% above the sector average
Income Not Available
Growth
27.26% below the market average27.26% below the market average27.26% below the market average27.26% below the market average27.26% below the market average
18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average

Vast Resources Dividends

No dividends found

Trades for 29-Aug-2025

Time Volume / Share Price
16:27 3,000,000 @ 0.34p
16:19 91,833 @ 0.34p
16:02 350,000 @ 0.34p
15:59 66,178 @ 0.34p
15:41 575,882 @ 0.35p

Vast Resources Key Personnel

Chair Brian Michael Moritz
CEO Andrew Prelea
CFO Paul Fletcher

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