Diamond Update
Vast Resources plc announced that it has secured the week commencing November 17, 2025, for its rough stone tender with Trans Atlantic Gems Dubai. The tender will include in excess of 120,000 carats. This date was chosen as the first available following a temporary slowdown in diamond demand during the Diwali festival period. The company intends to be directly and indirectly involved in the entire value-chain to maximize returns for shareholders. The results of the auction will be announced once available.
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Vast Resources plc, the AIM quoted mining company, is pleased to provide an update further to the announcement of 15 September 2025 on the sale process.
The Company advises that it has secured the week commencing 17 November 2025 for its rough stone tender of in excess of 120,000 carats with Trans Atlantic Gems Dubai, this being the first available date following a temporary slowdown in diamond demand during the Diwali festival period. The results of the auction will be announced once available.
As previously announced, the intention of the Company remains to be directly and indirectly involved in the entire value-chain, where possible, in order to maximise returns for shareholders.
The Company will provide further updates to the market as appropriate.
For further information, please visit the Company’s website at www.vastplc.com or contact:
| Vast Resources plc Andrew Prelea (CEO) | +44 (0) 20 7846 0974 |
| Strand Hanson Limited – Nominated & Financial Adviser James Spinney / James Bellman | +44 (0) 207 409 3494 |
| Shore Capital Stockbrokers Limited – Joint Broker Toby Gibbs / James Thomas (Corporate Advisory) | +44 (0) 20 7408 4050 |
| Axis Capital Markets Limited – Joint Broker Richard Hutchinson | +44 (0) 20 3206 0320 |
| St Brides Partners Limited Susie Geliher | http://www.stbridespartners.co.uk/ +44 (0) 20 7236 1177 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.