REG-Director Appointment <Origin Href="QuoteRef">VAST.L</Origin>

Vast ResourcesAnnouncement

30/06/2017 12:00

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VAST RESOURCES PLC/Ticker: VAST/Index: AIM/Sector: Mining
For immediate
release                                                                                                                
30 June 2017 
Vast Resources plc
("Vast" or the "Company")
Director Appointment

The Directors of Vast are pleased to announce the appointment to the Board of
Mr Brian Basham as a Non-Executive Director, with immediate effect.

Following an early career as a financial journalist and fund manager, Brian
Basham has more than 25 years' experience in corporate affairs.  Since 1976,
Brian has founded and subsequently sold a number of successful businesses,
including Broad Street Associates, which was sold to BDDP following its
flotation in 1986 and Primrose Care which was sold to BUPA in 1998.

Brian Basham is currently the chairman of Equity Development Limited, a
leading sponsored research provider, and founder and former chairman of
ArchOver Limited, a crowd lending platform.He is also a non-executive director
of AIM-traded ADVFN plc.

Commenting on Brian's appointment, Roy Pitchford, Chief Executive Officer
said, "We are very pleased to have Brian on board as a Non-Executive Director
with his extensive City and corporate experience."

The information required by Schedule 2 paragraph (g) in relation to the
appointment of Brian Arthur Basham (aged 73) is as follows:

 Current:                           Past within five years:                      
 Equity Development Limited         ArchOver Limited                             
 Performance Analysis Limited       Daygreen Limited                             
 ADVFN Plc                          Centre for Investigative Journalism Limited  
 Daygreen Limited                   NLP Financial Management Limited             
                                    The Experience Corps                         
 Bashco Ltd                         Energy Invest Group Limited                  
                                    REFE Limited                                 
 Keats Goddard Consultancy Limited  BSSG Limited                                 
 Equity I Limited                   Britannia's Gold Limited                     
 Equity Holdings Limited            The Establishment Club Ltd                   
 Edinnovations Ltd                                                               

Brian Basham holds 52,500,000 ordinary shares in the Company, representing a
percentage holding of 1.1% of the Company's issued share capital ("ISC"),
together with warrants over 70,175,438 ordinary shares exercisable at 0.5p per
share up to 30 June 2019 representing 1.5% of the ISC.
Brian Basham was a director of Abbeygrove Trading Limited within 12 months
prior to it going into a voluntary creditors liquidation on 13/05/2003. Having
regard to the relevant statement of affairs filed, the estimated deficiency as
regards creditors was GBP1,053,641. 

Brian Basham was an independent non-executive director of Mezzanine Group plc
within 12 months prior to it going into an administration on 02/09/2004. 
According to publicly available information, the estimated deficiency as
regards creditors of Mezzanine was £28 million.  Brian Basham had expressed
his concern about management conduct at Mezzanine and later provided a witness
statement to the Thames Valley Police in connection with what turned out to be
a successful recent prosecution of certain parties who had been involved with
the running of the Mezzanine business. 

Brian Basham was a director of The Statesman & Nation Publishing Company
Limited within 12 months prior to it going into an administration on
15/01/1996. The company was subsequently dissolved on 27/08/1999.

Save as disclosed above, there are no further disclosures required to be made
in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules
for Companies.

**ENDS**

For further information, visit www.vastresourcesplc.com or please contact:

 Vast Resources plc Roy Pitchford (Chief Executive Officer)                    +44 (0) 20 7236 1177                             
 Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle  www.beaumontcornish.com                          
                                                                               +44 (0) 020 7628 3396                            
 Brandon Hill Capital Ltd - Joint Broker Jonathan Evans                        www.brandonhillcapital.com +44 (0) 20 3463 5016  
 Peterhouse Corporate Finance Ltd - Joint Broker Duncan Vasey                  www.pcorpfin.com +44 (0) 20 7469 0936            
 St Brides Partners Ltd Susie Geliher Charlotte Page                           www.stbridespartners.co.uk                       
                                                                               +44 (0) 20 7236 1177                             

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ("MAR").
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: Vast Resources plc via Globenewswire