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Vast secures loan to advance Baita Plai licence process

Aim-listed Vast Resources has added another $1.68-million to the existing $4-million loan from Sub-Sahara Goldia Investments to advance the process of securing the Baita Plai mine licence, in Romania.
Vast is in the process of agreeing the contractual terms of the association on the licence granting the right to mine polymetallic ore at Baita Plai. This process requires a $1.6-million payment, which the company said Sub-Sahara Goldia will finance.