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Exercise of Warrants and Issue of Equity

/ Ticker: VAST / Index: AIM / Sector: MiningVast Resources plc

("Vast" or the "Company")24 July 2018

Vast Resources plc

Exercise of Warrants and Issue of Equity

In line with its regulatory obligations, , the AIM-listed mining company with operating mines in and , announces that, pursuant to the issue of warrants to subscribers to the open offer completed on (the "Open Offer Warrants"), a holder of Open Offer Warrants has elected to exercise 2,426,640 Open Offer Warrants.  Each Open Offer Warrant entitles the holder to one ordinary share of each in the Company ("Ordinary Shares") at a price of 0.5 pence per Ordinary Share.  Notice of exercise of the Warrants was received by Vast on .  Accordingly, the Company has today issued 2,426,640 new Ordinary Shares.  £12,133.20 has been received by the Company as a result of the exercise of the Open Offer Warrants.Vast Resources plcRomaniaZimbabwe1 August 201624 July 20180.1 pence

Application will be made to the for 2,426,640 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around ("Admission").  The issued new Ordinary Shares will rank in all respects with the existing Ordinary Shares.London Stock Exchange30 July 2018pari passu

Following Admission of the new Ordinary Shares, the issued ordinary share capital of Vast will consist of 5,375,684,537 Ordinary Shares.  There are no Ordinary Shares held in treasury.  5,375,684,537 represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules. Financial Conduct Authority's

**ENDS**

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

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

Notes

is an AIM listed mining and resource development company focussed on the rapid advancement of high quality brownfield projects and recommencing production at previously producing mines in .Vast Resources plcRomania

currently own and operates the in , which was commissioned in 2015.  The Company's portfolio also includes the in , where work is currently underway towards obtaining the relevant permissions to start developing and ultimately commissioning the mine.Vast ResourcesManaila Polymetallic MineRomaniaBaita Plai Polymetallic MineRomania

The Company also has interests in a number of projects in including a 25 per cent. interest in the producing in .Southern AfricaPickstone-Peerless Gold MineZimbabwe

Andrew Prelea (Chief Executive Officer)Vast Resources plc
www.vastresourcesplc.com+44 (0) 20 7236 1177 


Roland Cornish   - Financial & Nominated Adviser Beaumont Cornish



James Biddle
+44 (0) 020 7628 3396www.beaumontcornish.com
 - Joint BrokerBrandon Hill Capital Ltd


Jonathan Evans
www.brandonhillcapital.com+44 (0) 20 3463 5016
- Joint Broker SVS Securities Plc

Tom CurranBen Tadd
www.svssecurities.com +44 (0)20 3700 0100 


Susie Geliher St Brides Partners Ltd



Charlotte Page
 www.stbridespartners.co.uk  +44 (0) 20 7236 1177


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: via Globenewswire

Vast Resources plc




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