Issue of Warrants

 

 

Asiamet Resources Limited ("ARS" or the “Company”) notes that further to the private placement of US$2 million as set out in the Company’s announcement dated 28 May 2019, the Placing Shares have today been admitted to trading on AIM.

In conjunction with the Placing, the Company has agreed to issue 2,240,896 common share purchase warrants with each warrant exercisable at the placing price of 4.25p per share, for a period of 3 years. 

ARS now has the following options and warrants on issue:

  • ·       1,100,000 C$0.05 options expiring 6 October 2019
  • ·       4,450,000 C$0.05 options expiring 31 August 2020
  • ·       800,000 £0.12 options expiring 11 January 2021
  • ·       6,650,000 C$0.065 options expiring 1 November 2021 
  • ·       2,000,000 £0.06 options expiring 20 February 2022
  • ·       2,000,000 £0.08 options expiring 20 February 2022
  • ·       2,000,000 £0.10 options expiring 20 February 2022
  • ·       2,000,000 £0.12 options expiring 20 February 2022
  • ·       2,240,843 £0.0425 warrants expiring 10 May 2022
  • ·       11,700,000 £0.07 options expiring 5 October 2022
  • ·       1,500,000 £0.13 options expiring 1 January 2023
  • ·       1,500,000 £0.15 options expiring 1 January 2023
  • ·       1,500,000 £0.17 options expiring 1 January 2023

 

 

 

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Bird, Deputy Chairman and CEO

For further information, please contact: 

-Ends-

Peter Bird
Deputy Chairman and CEO, Asiamet Resources Limited
Telephone: +
61 3 8644 1300
Email: 
[email protected]asiametresources.com

 

Tony Manini
Executive Chairman, Asiamet Resources Limited
Telephone: +
61 3 8644 1300
Email: 
[email protected]asiametresources.com

 

FlowComms Limited

Sasha Sethi

Telephone:+44 (0) 7891 677 441

Email: [email protected]

Asiamet Resources Nominated Adviser
RFC Ambrian Limited

Andrew Thomson / Stephen Allen

Telephone:+61 8 9480 2500

Email: [email protected][email protected]

 

Liberum
Neil Elliot, Clayton Bush, Kane Collings                 

Telephone: +44 7773 322679

Email: [email protected]

 

Optiva SecuritiesLimited
Christian Dennis 

Telephone: +44 20 3137 1903

Email: [email protected]