Vast Resources secures extension to US$1.68mln bridging loan repayment

By Andrew Scott / March 09, 2018 / www.proactiveinvestors.co.uk / Article Link

Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST) tells Proactive they've secured a two-week extension with Sub-Sahara Goldia Investments (SSGI) for the repayment date of a US$1.68mln bridging loan due.

The announcement came as Vast told shareholders they've given Mercuria Energy Group another two weeks to finalise its pre-payment offtake.

The offtake offer's for 100% of the copper and zinc concentrate produced at the Manaila polymetallic mine and Baita Plai polymetallic mine.

 Meet AusCann Group Holdings Ltd, Pacific American Coal Ltd and Kasbah Resources at our event, Sydney, 19 March 2018.Register here >>

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok