Core Viewpoint - Vast Resources plc is progressing with a rough stone tender that includes a total of 126,677.50 carats, aiming to maximize revenues for shareholders through phased sales of higher quality stones [2][3]. Group 1: Tender Update - The initial parcel for the rough stone tender consists of 126,677.50 carats, which includes 12,591.77 carats of mixed-quality gem stones, 63,091.75 carats of low-grade gem stones, and 50,993.98 carats of industrial stones [2]. - The company plans to sell the remaining higher quality stones in a phased manner to maximize revenue [3]. Group 2: Company Overview - Vast Resources plc is an AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [6]. - In Romania, the company is focused on advancing high-quality projects, including the Baita Plai Polymetallic Mine, which has a JORC compliant resource report indicating a mine production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent [7]. - The company also owns the Manaila Polymetallic Mine and is working to bring it back into production [8]. - In Tajikistan, Vast has a joint venture for the Takob Mine, which will provide a 12.25 percent royalty on sales of non-ferrous concentrate [10]. - Additionally, Vast is contracted to manage the Aprelevka gold mines, aiming to increase production towards historical peak levels of approximately 27,000 ounces of gold and 250,000 ounces of silver per year [11].

Core Viewpoint - Vast Resources plc has successfully raised £2,000,000 through a placing of new ordinary shares, which will be utilized for debt repayment, operational due diligence, and enhancing cash position prior to annual accounts finalization [2][7]. Fundraising Details - The company raised gross proceeds of £2,000,000 by placing 1,111,111,111 new ordinary shares at a price of 0.18p per share [2]. - The placing will occur in two tranches, with the first admission expected around 29 October 2025 and the second around 6 November 2025 [3]. Share Capital Changes - Following the first admission, the total issued share capital will be 4,415,492,276 ordinary shares, and after the second admission, it will increase to 4,997,575,609 ordinary shares [4]. Use of Proceeds - The net cash raised will be allocated to repay US$1 million of debt to Alpha and Mercuria, enabling the company to receive diamond proceeds to settle outstanding debts [7]. - Funds will also support operational and technical due diligence for resuming operations at Baita Plai mine and reopening Manaila mine [7]. - Additionally, the company aims to strengthen its cash position while awaiting proceeds from the sale of a historic diamond parcel [7]. Company Overview - Vast Resources plc is an AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality projects and resuming production at previously operating mines [8]. - The company holds a 100% interest in the Baita Plai Polymetallic Mine, which has a mineral resource of 15,695 tonnes copper equivalent and an exploration target of up to 5.8 million tonnes [9]. - The Manaila Polymetallic Mine is also targeted for resumption of production, with an extended exploitation license granted for further examination of mineral resources [10]. - In Tajikistan, the company is involved in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales [12]. - The company is also contracted to manage the Aprelevka gold mines, aiming to increase production towards historical peak levels [13].

Core Viewpoint - Vast Resources plc is actively engaged in the diamond market, with a rough stone tender scheduled for the week of 17 November 2025, involving over 120,000 carats, following a temporary slowdown in demand during the Diwali festival period [2] Company Overview - Vast Resources plc is a UK AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [6] - The company aims to be involved in the entire value chain to maximize returns for shareholders [3] Romanian Operations - The company holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent, with an exploration target of 1.8M-3M tonnes [7] - The Manaila Polymetallic Mine is also owned by the company, which is looking to resume production after a period of care and maintenance [8] - The company has been granted the Manaila Carlibaba Extended Exploitation Licence to re-examine mineral resources in the larger licence area [9] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales of non-ferrous concentrate and other metals produced [10] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajikistan government, with current production of approximately 11,600 oz of gold and 116,000 oz of silver per annum [11] Future Strategy - The company is re-engaging its investment strategy in Zimbabwe and is in discussions for further mining concessions [9]

Core Viewpoint - Vast Resources plc has successfully raised gross proceeds of £2,712,000 through a subscription and placing of new ordinary shares, aimed at enhancing its operational capabilities and financial support for ongoing projects [2][3]. Fundraising Details - The fundraising consists of a subscription for 60,571,428 new ordinary shares and a placing of 714,285,713 new ordinary shares at a price of 0.35p per share [2]. - The funds raised will be allocated for the primary beneficiation of diamond parcels, supporting a new technical team, and general working capital [3]. Admission and Share Capital - Applications will be made for the new ordinary shares to be admitted to trading on AIM, with the first admission expected around 19 June 2025 [4]. - Following the first admission, the total issued share capital will increase to 3,172,178,785 ordinary shares, with subsequent admissions raising it to 3,513,875,213 and 3,886,464,498 shares [6]. Company Overview - Vast Resources plc is an AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality mining projects [9]. - The company owns the Baita Plai Polymetallic Mine in Romania, which has a JORC compliant resource report indicating a total mineral resource of 15,695 tonnes copper equivalent [10]. - In Tajikistan, Vast has a joint venture for the Takob Mine, providing a 12.25% royalty on sales, and is also managing the Aprelevka gold mines, aiming to increase production [13][14].

Core Viewpoint - Vast Resources plc is undertaking a comprehensive review of its asset portfolio and operational strategy to transition into a mid-tier production company, focusing on its Romanian assets and diamond sales [2][4]. Group 1: Operational Updates - The company has established a group technical services function to review its existing asset base and develop a sustainable operational plan [2]. - A temporary suspension of operations at Baita Plai is expected to last up to three months to facilitate a comprehensive geological review and the generation of a new mine plan [7]. - The company is also assessing the potential to restart mining activities at the Manaila-Carlibaba project in Romania during the second half of 2025 [7][8]. Group 2: Diamond Sales - Initial cleaning of diamond parcels has shown very encouraging quality indications, supporting the company's sales and marketing strategy [5][8]. - Initial diamond sales are expected to commence in a matter of weeks through public or private tender in Dubai [6][8]. Group 3: Romanian Assets - The Romanian portfolio includes 100% interest in the Baita Plai Polymetallic Mine, which has a JORC compliant Reserve & Resource Report indicating a production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent [12]. - The company is working on confirming an enlarged exploration target of up to 5.8 million tonnes for the Baita Plai mine [12]. - The Manaila Polymetallic Mine is also being prepared for a return to production following a period of care and maintenance [13]. Group 4: International Operations - Vast Resources retains a presence in Zimbabwe and is re-engaging its investment strategy, discussing further mining concessions [14]. - In Tajikistan, the company has a joint venture providing exposure to the Takob Mine processing facility, which is 100% financed and will yield a 12.25% royalty on sales [15]. - The company is also contracted to develop and manage the Aprelevka gold mines, aiming to increase production closer to historical peak rates [16].

Company Overview - Vast Resources plc is an AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [5] - The company focuses on advancing high-quality mining projects and recommencing production at previously operating mines [5] Registered Office Change - The registered office of Vast Resources has been changed to c/o Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London EC2N 4BQ, effective immediately [2] Romanian Operations - Vast holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent [6] - The company is working on confirming an enlarged exploration target of up to 5.8 million tonnes [6] - Vast also owns the Manaila Polymetallic Mine, which is being prepared for reactivation after a period of care and maintenance, and has received an Extended Exploitation Licence for further resource examination [7] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on all sales of non-ferrous concentrate and other metals produced [9] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajik government [10] - Aprelevka currently produces approximately 11,600 ounces of gold and 116,000 ounces of silver annually, with plans to increase production towards historical peak levels of approximately 27,000 ounces of gold and 250,000 ounces of silver per year [10] Zimbabwe Operations - Vast maintains a presence in Zimbabwe and is re-engaging its investment strategy, initiating discussions for further mining concessions [8]

Core Viewpoint - Vast Resources plc has successfully released a Historic Parcel of diamonds, revealing additional gem-quality stones, which enhances the company's asset value and prepares for future sales [2][3][4]. Company Update - The final packing list has been received following the Kimberly Process inspection, confirming the release of the Historic Parcel [2]. - An Additional Parcel containing 6,055.35 carats of gem-quality stones was discovered, increasing the total estimated quantity of diamonds in the Historic Parcel to 135,139.47 carats, with 36,475.26 carats identified as gem quality [3][4]. - The company is currently sorting the diamonds in Dubai and plans to clean and prepare them for sale, with initial results expected in the coming weeks [4]. Sales Strategy - The Board anticipates a phased selling process to maximize value for the company and its shareholders [4]. - The company looks forward to providing further updates as progress continues [5]. Company Profile - Vast Resources plc is an AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality projects and recommencing production at previously operating mines [8]. - The Romanian portfolio includes a 100% interest in the Baita Plai Polymetallic Mine, which has a JORC compliant Reserve & Resource Report supporting an initial production life of approximately 3-4 years [9]. - The company is also working on bringing the Manaila Polymetallic Mine back into production and has secured an Extended Exploitation Licence for further resource examination [10]. - In Tajikistan, Vast has a joint venture for the Takob Mine, providing a 12.25% royalty on sales, and is contracted to manage the Aprelevka gold mines, aiming to increase production to historical peak levels [12][13].

Company Overview - Vast Resources plc is a UK AIM listed mining company with operations in Romania, Tajikistan, and Zimbabwe [5] - The company focuses on advancing high-quality projects and recommencing production at previously operating mines [5] Romanian Operations - The company holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, featuring a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years with a total mineral resource of 15,695 tonnes copper equivalent and an exploration target of 1.8M-3M tonnes, with plans to confirm an enlarged target of up to 5.8M tonnes [6] - Vast Resources also owns the Manaila Polymetallic Mine, which is being prepared for reactivation after a care and maintenance period, and has received the Manaila Carlibaba Extended Exploitation Licence to explore mineral resources in the larger area [7] Tajikistan Operations - The company has a joint venture providing exposure to the Takob Mine processing facility, which is fully financed and will yield a 12.25% royalty on all sales of non-ferrous concentrate and other metals produced [9] - Vast is contracted to develop and manage the Aprelevka gold mines for Gulf International Minerals Ltd, earning 10% of Gulf's earnings from its 49% interest in Aprelevka, which currently produces approximately 11,600 oz of gold and 116,000 oz of silver annually, with intentions to increase production towards historical peaks of 27,000 oz of gold and 250,000 oz of silver per year [10] Zimbabwe Operations - The company maintains a presence in Zimbabwe and is re-engaging its investment strategy, initiating discussions for further mining concessions [8]

Company Overview - Vast Resources plc is a UK AIM listed mining company with operations in Romania, Tajikistan, and Zimbabwe [7] - The company focuses on advancing high-quality projects and recommencing production at previously operating mines in Romania [7] Recent Developments - The company announced the exercise of warrants for a total of 195,000,000 new ordinary shares at an exercise price of 0.4 pence per share, raising £780,000 [2] - Application has been made for the new shares to be admitted to trading on the AIM market, with admission expected around 1 May 2025 [3] Share Capital - Following the admission of the new shares, the total issued ordinary share capital will consist of 2,803,607,357 shares, with no shares held in treasury [4] Romanian Operations - Vast holds a 100% interest in Vast Baita Plai SA, which owns the producing Baita Plai Polymetallic Mine, with a total mineral resource of 15,695 tonnes copper equivalent and an exploration target of up to 5.8 million tonnes [8] - The company is also working to bring the Manaila Polymetallic Mine back into production and has received an extended exploitation license for the Manaila Carlibaba area [9][10] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales of non-ferrous concentrate [11] - The company is contracted to develop and manage the Aprelevka gold mines, aiming to increase production from approximately 11,600 ounces of gold and 116,000 ounces of silver per annum to historical peak levels of 27,000 ounces of gold and 250,000 ounces of silver [12]