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Mining Capital

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

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.


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