Vast Resources plc, the AIM listed mining company with operating mines in Romania and Zimbabwe, announces that the convertible securities issuance deed (the “Agreement”) between the Company and Bergen Global Opportunity Fund LP (“Bergen”) dated 19 December 2018, the details of which were notified on 20 December 2018, has been terminated by the parties by mutual consent, effective as of 21 February 2019.
Following the termination, no further funding will be provided to the Company under the Agreement.
Brian Moritz, Chairman of Vast, commented:
“Bergen Global Opportunity Fund proved a valuable and flexible funding partner for Vast. Bergen was a reliable and responsible corporate citizen at all times during its dealings with Vast, and I wish to thank the team at Bergen for their support.”
For further information, visit www.vastresourcesplc.com