Vast Resources (GB:VAST) has released an update.
Vast Resources plc, a mining firm listed on the AIM index, is progressing with a major financial restructuring. This includes negotiating extensions on debt repayments of US$5.5 million to Alpha and US$3.9 million to Mercuria, and awaiting refinancing to bolster operations at its Baita Plai mine and Aprelevka gold mines. The company is also exploring new revenue streams through potential off-take agreements and has confirmed high-grade ore presence in its projects.
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