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: peter.bird@asiametresources.com

 

Tony Manini
Executive Chairman, Asiamet Resources Limited
Telephone: +61 3 8644 1300
Email: tony.manini@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]