{"id":8363,"date":"2020-04-30T14:36:00","date_gmt":"2020-04-30T14:36:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2537314"},"modified":"2020-04-30T14:36:00","modified_gmt":"2020-04-30T14:36:00","slug":"atlas-special-opportunities-llc-interest-payment-election","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/","title":{"rendered":"Atlas Special Opportunities LLC Interest Payment Election"},"content":{"rendered":"<p align=\"center\"><strong>Vast Resources plc<\/strong><br \/>(&ldquo;Vast&rdquo; or the &ldquo;Company&rdquo;)<\/p>\n<p align=\"center\"><strong>Atlas Special Opportunities LLC Interest Payment Election<\/strong><\/p>\n<p align=\"justify\">Vast Resources plc, the AIM-listed mining company, announces that the Company has elected to pay the interest of $29,591.45 due on 29 April 2020 on the $7,101,947 Bond issued to Atlas announced on 31 January 2020 by the issue of 15,582,523 shares (the &lsquo;Issue Shares&rsquo;) at an issue price of 0.15327 pence per share.&nbsp; Under the terms of the Atlas Bond Issuance Deed the Company is entitled to elect to make payment of interest on the Bond in shares at an issue price of 90% of the Volume Weighted Average Price of the Company&rsquo;s shares on the business day prior to the interest payment date.<\/p>\n<p><strong>Admission of and dealings in the Issue Shares<\/strong><\/p>\n<p align=\"justify\">Application is being made for the Issue Shares to be admitted to trading on AIM (&lsquo;Admission&rsquo;) and it is expected that Admission will become effective and dealing in the Issue Shares will commence on or around 5 May 2020.&nbsp; The Issue Shares will rank pari passu with existing Ordinary Shares.<\/p>\n<p align=\"justify\">Following Admission the total issued share capital of the Company will be 10,694,805,145.&nbsp; The above figure 10,694,805,145 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Vast under the FCA&#8217;s Disclosure and Transparency Rule.<\/p>\n<p align=\"center\"><strong>**ENDS**<\/strong><\/p>\n<p align=\"justify\"><strong>For further information, visit www.vastplc.com or please contact:<\/strong><\/p>\n<table class=\"gnw_table_border_collapse hugin\">\n<tbody>\n<tr>\n<td class=\"hugin gnw_vertical_align_top\"><strong>Vast Resources plc<\/strong><br \/>Andrew Prelea (Chief Executive Officer)<br \/>Andrew Hall<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<td class=\"hugin gnw_vertical_align_top\"><em>www.vastplc.com<br \/><\/em>+44 (0)&nbsp;20 7846 0974<\/td>\n<\/tr>\n<tr>\n<td class=\"hugin gnw_vertical_align_top\"><strong>Beaumont Cornish &#8211; Financial &amp; Nominated Adviser&nbsp;<\/strong><br \/>Roland Cornish&nbsp;<br \/>James Biddle<\/p>\n<p>&nbsp;<\/td>\n<td class=\"hugin gnw_vertical_align_top\"><em>www.beaumontcornish.com<br \/>+44 (0) 020 7628 3396<\/em><\/td>\n<\/tr>\n<tr>\n<td class=\"hugin gnw_vertical_align_top\"><strong>SP Angel Corporate Finance LLP &ndash; Joint Broker<br \/><\/strong>Richard Morrison<br \/>Caroline Rowe<\/p>\n<p>&nbsp;<\/td>\n<td class=\"hugin gnw_vertical_align_top\"><em>www.spangel.co.uk<\/em><em><br \/><\/em><em>&nbsp;+44 (0)&nbsp;20 3470 0470<\/em><em><\/p>\n<p><\/em><\/td>\n<\/tr>\n<tr>\n<td class=\"hugin gnw_vertical_align_top\"><strong>Axis Capital Markets Limited &ndash; Joint Broker<br \/><\/strong>Richard Hutchison<\/p>\n<p><strong>&nbsp;<\/strong><\/td>\n<td class=\"hugin gnw_vertical_align_top\"><em>www.axcap247.com<\/em><em><br \/><\/em><em>&nbsp;+44 (0)&nbsp;20 3206 0320<\/em><\/td>\n<\/tr>\n<tr>\n<td class=\"hugin gnw_vertical_align_top\"><strong>Blytheweigh<\/strong><br \/>Tim Blythe<br \/>Megan Ray<\/p>\n<p>&nbsp;<\/td>\n<td class=\"hugin gnw_vertical_align_top\"><em>www.blytheweigh.com&nbsp;<br \/>+44 (0) 20 7138 3204<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\"><em>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 (&ldquo;MAR&rdquo;).<\/em><\/p>\n<p><strong>ABOUT VAST RESOURCES PLC<\/strong><\/p>\n<p align=\"justify\">Vast Resources plc, is an AIM listed mining company with mines in Romania and Zimbabwe focused on the rapid advancement of high quality brownfield projects by recommencing production at previously producing mines in Romania and commencement of the joint venture mining agreement on the Chiadzwa Community Concession Block of the Chiadzwa Diamond Fields in Zimbabwe.<\/p>\n<p align=\"justify\">The Company&rsquo;s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in Romania, where work is now currently underway towards developing and recommissioning the mine and the Community Concession Block in Chiadzwa, Zimbabwe.<\/p>\n<p align=\"justify\">Vast Resources owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.vastplc.com\" target=\"_blank\">http:\/\/www.vastplc.com<\/a><br \/><b>Contact Information:<\/b><br \/>www.vastplc.com<br \/>\n+44 (0)20 7846 0974<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/disclosure-newswire\/\" rel=\"category tag\">Disclosure Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>www.vastplc.com<br \/>\n+44 (0)\u00a020 7846 0974<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vast Resources plc(&ldquo;Vast&rdquo; or the &ldquo;Company&rdquo;) Atlas Special Opportunities LLC Interest Payment Election Vast Resources plc, the AIM-listed mining company, announces that the Company has elected to pay the interest of $29,591.45 due on 29 April 2020 on the $7,101,947 Bond issued to Atlas announced on 31 January 2020 by the issue of 15,582,523 shares &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\">Continue reading <span>Atlas Special Opportunities LLC Interest Payment Election<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,3,22,54],"tags":[],"class_list":["post-8363","post","type-post","status-publish","format-standard","hentry","category-disclosure-newswire","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Atlas Special Opportunities LLC Interest Payment Election - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlas Special Opportunities LLC Interest Payment Election - Business\" \/>\n<meta property=\"og:description\" content=\"Vast Resources plc(&ldquo;Vast&rdquo; or the &ldquo;Company&rdquo;) Atlas Special Opportunities LLC Interest Payment Election Vast Resources plc, the AIM-listed mining company, announces that the Company has elected to pay the interest of $29,591.45 due on 29 April 2020 on the $7,101,947 Bond issued to Atlas announced on 31 January 2020 by the issue of 15,582,523 shares &hellip; Continue reading Atlas Special Opportunities LLC Interest Payment Election Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-30T14:36:00+00:00\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\",\"name\":\"Atlas Special Opportunities LLC Interest Payment Election - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2020-04-30T14:36:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\"},\"breadcrumb\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Atlas Special Opportunities LLC Interest Payment Election\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\",\"name\":\"Asiya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"caption\":\"Asiya\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/asiya\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Atlas Special Opportunities LLC Interest Payment Election - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ipsnews.net\/business\/2020\/04\/30\/atlas-special-opportunities-llc-interest-payment-election\/","og_locale":"en_US","og_type":"article","og_title":"Atlas Special Opportunities LLC Interest Payment Election - Business","og_description":"Vast Resources plc(&ldquo;Vast&rdquo; 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