Vast Resources court hearing on Romanian reorganisation proceeds

(Sharecast News) - Vast Resources confirmed on Friday that a scheduled court hearing concerning the voluntary reorganisation of its Romanian subsidiary, Vast Baita Plai, proceeded as planned on 3 April without any new issues raised. The AIM-traded mining company said the judicial administrator submitted the required activity report during the hearing, which the court acknowledged and approved.

As part of the ongoing restructuring process, the court set the next hearing for 25 September to continue the observation period.

At 1033 BST, shares in Vast Resources were down 5.45% at 0.26p.

Reporting by Josh White for Sharecast.com.