Asiamet Resources Limited Director/PDMR Shareholding
12 October 2016 - 5:00PM
UK Regulatory
TIDMARS
For Immediate Release TSX Venture Exchange
12 October, 2016 and AIM
Vancouver, British Columbia Symbol: ARS
Asiamet Resources - warrants lapse
Asiamet Resources Limited ("ARS" or the "Company") advises that 5,277,674
warrants with an exercise price of C$0.10 have lapsed following their expiry on
2 October 2016 ("Expired Warrants"). The Expired Warrants were held by (among
others) Asiamet directors Tony Manini (1,529,761 Expired Warrants) and Stephen
Hughes (305,952 Expired Warrants). The share holdings and options holdings of
each of the directors remains unchanged, while the warrants held by each
director comprise:
Tony Manini (all directly held): Stephen Hughes (all directly held):
Warrants Expiry Date Ex. Price Warrants Expiry Date Ex.
Price
269,575 13-May-2017 C$0.12 81,628 13-May-2017 C$0.12
164,878 13-May-2017 C$0.12 49,931 13-May-2017 C$0.12
917,857 13-Apr-2019 C$0.10 611,904 13-Apr-2019
C$0.10
Asiamet now has the following shares, options and warrants on issue:
* 622,984,168 fully paid ordinary shares
* 4,282,200 C$0.10 options expiring 1 July 2018
* 3,050,000 C$0.05 options expiring 6 October 2019
* 9,250,000 C$0.05 options expiring 31 August 2020
* 1,708,746 C$0.12 warrants expiring 13 May 2017
* 5,416,666 C$0.05 warrants expiring 1 June 2017
* 1,874,364 C$0.05 warrants expiring 5 November 2017
* 2,147,581 C$0.06 warrants expiring 26 April 2018
* 3,533,747 C$0.10 warrants expiring 13 April 2019
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Deputy Chairman and CEO
For further information, please contact:
-Ends-
Tony Manini
Deputy Chairman and CEO, Asiamet Resources Limited
Telephone: +61 3 8644 1300
Email: tony.manini@asiametresources.com
FlowComms Limited
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com
Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Andrew Thomson / Oliver Morse
Telephone: +61 8 9480 2500
Email: Andrew.Thomson@rfcambrian.com / Oliver.Morse@rfcambrian.com
VSA Capital Limited
Andrew Raca / Justin McKeegan
Telephone: +44 20 3005 5004 / +44 20 3005 5009
Email: araca@vsacapital.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future
events or results or otherwise. Forward-looking statements are not guarantees
of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
END
(END) Dow Jones Newswires
October 12, 2016 02:00 ET (06:00 GMT)
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