Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
6 March 2017
Vast Resources plc
(“Vast” or the “Company”)

Bracknor Warrants Outstanding – correction of announcement of 1 March 2017

Vast Resources plc, the AIM-listed mining company with interests in Romania and Zimbabwe, informs the market that the statement in its announcement of 1 March 2017 that no further warrants remained outstanding to Bracknor was incorrect. In fact 30,425,000 warrants exercisable at 0.4p per share remain outstanding to Bracknor.

As stated in the Company's announcement of 11 October 2016, the number of warrants to be issued to Bracknor was to be 20% of the Loan Notes issued. The value of the Loan Notes issued was 1,606,500, on the basis of which 80,425,000 warrants were required to be issued, of which 50,000,000 have now been exercised. The aforesaid announcement gave an illustration of a Loan Note drawdown of 1,000,000 and which gave a figure of 50,000,000 for the Bracknor warrant entitlement. Unfortunately the 50,000,000 figure was picked up in error in the subsequent announcements of 21 February and 1 March 2017.

**ENDS**

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

Vast Resources plc
Roy Pitchford (Chief Executive Officer)


+44 (0) 20 7236 1177

Beaumont Cornish – Financial & Nominated Adviser
Roland Cornish
James Biddle

www.beaumontcornish.com
+44 (0) 020 7628 3396
Brandon Hill Capital Ltd – Joint Broker
Jonathan Evans

www.brandonhillcapital.com
+44 (0) 20 3463 5016
Peterhouse Corporate Finance Ltd – Joint Broker
Duncan Vasey
www.pcorpfin.com
+44 (0) 20 7469 0936

St Brides Partners Ltd
Susie Geliher
Charlotte Page
www.stbridespartners.co.uk
+44 (0) 20 7236 1177

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”).


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: Vast Resources plc via Globenewswire