Vast Resources (VAST ) has entered into an amendment agreement with Bay Square Pacific Ltd to extend the long stop date in respect of the share purchase agreement involving its reverse takeover to 31 July 2026.
The reverse takeover was originally announced 22 December 2025, and involves the acquisition of Gulf International, a Canadian-Tajik company with extensive assets in Tajikistan.
Trading in Vast’s shares on Aim remains suspended pending the completion of the reverse takeover transaction.
This is pursuant to Aim Rule 14, which requires the publication of an admission document, the approval of such a transaction at the Annual General Meeting of the company and the readmission of the company's ordinary shares.
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Vast also said that it continues to make progress towards completion of the proposed transaction and will provide further updates in respect of relevant developments in early July 2026. This type of deal can be bureaucratically and legally intricate and may take a long time to complete. In Vast’s case, though, when it does, it will be transformative, and should provide the company with a commanding position in mineral exploration and development in Tajikistan.