Tender Update
Vast Resources plc has provided an update on its rough stone tender, announcing that an initial parcel of 126,677.50 carats will include 12,591.77 carats of gem quality, 63,091.75 carats of low-grade gem, and 50,993.98 carats of industrial stones, with higher quality stones to be sold in phases to maximize shareholder value.
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Vast Resources plc, the AIM quoted mining company, is pleased to announce that further to its announcement of 21 October 2025, the rough stone tender of an initial parcel totalling 126,677.50 carats will contain 12,591.77 carats of mixed-quality gem (including gem, cleavage and Rejection High category), 63,091.75 carats of low-grade gem (Rejection Low category) and a further 50,993.98 carats of industrial (Boart category) stones.
The balance of the higher quality stones will be sold in a phased manner in due course to seek to maximise revenues and the total value of the diamonds for shareholders.
The Company will provide further updates to the market as and when 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.