Vast advances discussions to secure replacement offtake finance

Aim-listed Vast Resources on Monday announced that its directors will advance discussions with other parties with a view to securing replacement offtake prepayment finance for the $5.5-million Tranche B advance for its Manaila and Baita Plai polymetallic mines, in Romania. This follows after Mercuria Energy Trading decided to not proceed with the Tranche B advance as set out under a prepayment agreement with Vast.