Notice of AGM
Summary by AI BETAClose X
6 November 2026
Vast Resources plc
(“Vast” or the “Company”)
Notice of Annual General Meeting & Board Update
Vast Resources plc (AIM: VAST), the mining company with production and development assets in Tajikistan and Romania, announces that its Annual General Meeting (“AGM”) will be held at 11.00 a.m. on 30 November 2026 at the offices of Fasken Martineau LLP, 100 Liverpool Street, London EC2M 2AT.
The Notice of AGM and proxy form will be posted to shareholders today and will be available on the Company's website at www.vastplc.com.
Further to the Company’s announcement of its results, for the 12-month period ended 30 April 2026, regarding the intended retirement of Chairman Brian Moritz, Vast is pleased to announce that Andrew Prelea will become Executive Chairman of the Company with the consequence that there will be no separate Chief Executive Officer, and Roy Tucker will assume the role of senior independent director. Nick Hatch and Nigel Wyatt will retire by rotation at the AGM and will not be offering themselves for re-election. At the AGM shareholders will be asked to approve the appointment of Mr Scott Yelland and Mr Dennis Cruz as non-executive directors to the Board.
Mr Yelland is a mining engineer with over 40 years’ experience in underground and surface mining operations. Mr Yelland is currently Senior Technical Adviser to Central Asia Metals plc having previously served as its Chief Operating Officer from 2018 to 2025. He was COO of Shanta Gold and has previously held senior executive roles with Konkola Copper Mines, Highland Gold Mining, Forte Energy and Berkeley Resources. He has a master’s degree in Mining Engineering from the Camborne School of Mines, and started his career working in the Cornish tin mines. He is a Chartered Engineer and a Fellow of the Institute of Materials, Minerals and Mining.
Mr Cruz is a US citizen with interests in aviation, mining and oil, and was introduced to Vast by the US Government. He is a director of Gulf International Minerals Limited and is interested in 132,613,146 ordinary shares of £0.025 each in the Company, representing approximately 8.02 per cent. of the Vast’s issued share capital.
Shareholders have also been sent, together with the Notice of AGM, a letter regarding the Company’s use of electronic communications. As permitted by the Company’s Articles of Association, the Company intends to supply documents and information to shareholders electronically via the Company’s website, www.vastplc.com. Shareholders who do not respond within 28 days of the date of the letter will be deemed to have agreed to receive documents and information electronically, and may request a hard copy at any time. The Board believes this will deliver cost efficiency, faster distribution and environmental benefits.
Additional Information on the Appointments of Mr Yelland and Mr Cruz
Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph(g) of the AIM Rules in respect of the appointments of the directors.
Russell Scott Yelland
The directorships and partnerships currently held by Mr Yelland, aged 65, and over the five years preceding the date of his appointment are as follows:
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Current Directorships/Partnerships |
Directorships/Partnerships held over the past 5 years |
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N/A |
N/A |
Dennis Reymundo Cruz
The directorships and partnerships currently held by Mr Cruz, aged 48, and over the five years preceding the date of his appointment are as follows:
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Current Directorships/Partnerships |
Directorships/Partnerships held over the past 5 years |
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Pristine Services Group, LLC |
N/A |
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Pristine Services Group International, LLC |
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Go Aviation Middle East FZCO, LLC |
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PSG Capital Group, LLC |
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Gulf International Minerals Ltd |
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Joint Tajik-Canadian Limited Liability Company “Aprelevka” |
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Directors’ shareholdings
Mr Yelland does not hold a direct or indirect interest in the Company’s issued share capital.
Mr Cruz holds a direct interest in the Company’s issued share capital totalling 132,613,146 ordinary shares, representing 8.02% of the Company’s issued ordinary share capital.
**ENDS**
For further information, please visit the Company's website at www.vastplc.com or contact:
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Vast Resources plc Andrew Prelea (CEO) |
+44 (0) 20 7846 0974 |
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Strand Hanson Limited - Nominated & Financial Adviser |
+44 (0) 20 7409 3494 |
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Shore Capital Stockbrokers Limited - Joint Broker |
+44 (0) 20 7408 4050 |
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Axis Capital Markets Limited - Joint Broker |
+44 (0) 20 3206 0320 |
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St Brides Partners Limited - Financial PR |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019. The person responsible for arranging the release of this announcement on behalf of the Company is Andrew Prelea, Chief Executive Officer of the Company.
About Vast Resources plc
Vast Resources plc (AIM: VAST) is a mining company with a portfolio of producing and development-stage gold, silver and polymetallic assets in Central Asia and Eastern Europe. Its principal producing asset is the Aprelevka gold and silver operation in northern Tajikistan, where Vast holds a 49% interest alongside the Government of Tajikistan and is focused on increasing production and improving operational performance. In Romania, Vast owns 100% of the Baita Plai Polymetallic Mine and Manaila-Carlibaba Project, where it is advancing plans to bring the assets into production.
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