Vast Resources returns to AIM with £7.8M raise and Tajikistan gold deal
What's the deal? Vast ResourcesDealroom has a profile for this one. Try Dealroom → has raised £7.8 million gross ahead of its readmission to London's AIM market following a reverse takeover. The mining company expects to resume trading on 19 August 2026 with a market capitalisation of £102.9 million.
The acquisition: Vast is buying Gulf International MineralsDealroom has a profile for this one. Try Dealroom →, which holds a 49% stake in a Tajikistan-Canadian joint venture known as Aprelevka. The venture owns four gold mines, a processing plant and two tailings deposits in northern Tajikistan.
The numbers: The Aprelevka venture recorded $8.5 million in pretax profit on $36.9 million in revenue in 2025. Vast's raise includes £300,000 from a retail offer, priced at 6.25 pence alongside its placing and subscription, based on 1.65 billion shares in issue.
Why now? The transaction gives Vast a producing gold asset and a route back to London's public markets after a difficult stretch. Trading is expected to resume under a new ISIN number on 19 August 2026.
Read more: Shareprices.com
Image: James St. John via Openverse.
