Vast Resources complete the £103 million reverse takeover of Gulf International, fundraising and admission to trading on AIM
August 2026
Vast Resources plc is an LSE AIM listed mining and resource development company with a portfolio of producing and development-stage precious and polymetallic projects in Tajikistan and Romania.
With a growing and diversified portfolio across multiple jurisdictions, Vast combines technical expertise with responsible mining practices to unlock value for shareholders and host communities alike, positioning itself for accelerated growth towards mid-tier producer status.
Acquisition, fundraising and admission to trading on AIM
On 19 August 2026, first day dealings commenced by way of a reverse takeover, placing of 94,400,000 placing shares and subscription for 26,359,826 subscription shares at 6.25 pence per share to raise £7.5 million.
The Perivan shareholder communications team was delighted to work with Strand Hanson who acted as Nominated and Financial Adviser to Vast on the production of the 526-page admission document which was published on 31 July 2026.
For further information, click here.
Perivan is the market-leading provider of New Issue and IPO admission document production, having maintained its leadership position for six consecutive years.