Asiamet Resources Limited Appointment of James Deo as CFO (4794X)
24 November 2017 - 11:15PM
UK Regulatory
TIDMARS
RNS Number : 4794X
Asiamet Resources Limited
24 November 2017
For Immediate Release London AIM
24 November 2017 Symbol: ARS
Asiamet Appoints Highly Experienced Resource Executive James Deo
as CFO
Asiamet Resources Limited ("ARS" or the "Company") is pleased to
announce that it has appointed Mr James Deo as Chief Financial
Officer (CFO) effective from January 2018.
James is a senior mining and resources industry executive whose
broad experience covers roles in finance, commercial, strategy,
investor relations, sales and marketing, business development and
business improvement gained over two decades working for a number
of global mining businesses in Australia and the developing
economies of Asia, Africa and the Americas.
Most recently James has consulted to Australia's largest gold
miner, Newcrest Mining, immediately prior to which he worked with
OZ Minerals for 10 years in senior leadership positions including
General Manager Commercial and Strategy, Head of Business
Development, Head of Investor Relations, General Manager Sales and
Marketing and General Manager Planning, Strategy and Development.
He has held various senior finance and commercial roles with Oxiana
Limited, BHP Billiton, Exxon Mobil and Rio Tinto. James holds a
B.Bus(Acc) from Deakin University and is a member of the Institute
of Chartered Accountants in Australia.
Peter Bird, Asiamet's Chief Executive Officer commented:
"As we enter a critical time in Asiamet's development, the
appointment of a high calibre senior executive to the position of
CFO further strengthens our capacity to deliver our strategy of
creating a leading Asian focussed copper-gold Company. James brings
a proven track record of creating value over the full project
lifecycle from exploration through to production and his broad
experience in the finance and commercial area will be particularly
valuable as we enter the project financing and development stage
for the BKM project. We are looking forward to James joining the
team and playing a big part in delivering our vision for the
Company."
In response to the announcement James Deo commented:
"I am very excited to be joining Asiamet as it enters an
important phase in its growth, transitioning from an explorer and
developer to a producer in such a short timeframe. With a highly
experienced and strong management team and quality projects in what
I believe to be fundamentally strong commodities I see tremendous
upside to the Asiamet story and I am very much looking forward to
contributing to the Company's future success."
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 43 887 1995
Email: peter.bird@asiametresources.com
Tony Manini
Executive Chairman, Asiamet Resources Limited
Telephone: +61 43 887 1995
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 / Stephen Allen
Telephone: +61 8 9480 2500
Email: Andrew.Thomson@rfcambrian.com /
Stephen.Allen@rfcambrian.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
This news release contains forward-looking statements that are
based on the Company's current expectations and estimates.
Forward-looking statements are frequently characterised 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOABBBDBBUDBGRS
(END) Dow Jones Newswires
November 24, 2017 07:15 ET (12:15 GMT)
Asiamet Resources (LSE:ARS)
Historical Stock Chart
From Apr 2024 to May 2024
Asiamet Resources (LSE:ARS)
Historical Stock Chart
From May 2023 to May 2024