Asiamet Resources Limited Director Appointment (0531F)
10 July 2019 - 4:05PM
UK Regulatory
TIDMARS
RNS Number : 0531F
Asiamet Resources Limited
10 July 2019
10 July 2019
Asiamet Director Appointment
Asiamet Resources Limited ("Asiamet" or the "Company") is
pleased to announce the appointment of Mr Feng (Bruce) Sheng as a
Non-Executive Director to the Board effective from 10 July 2019. Mr
Sheng is the Chairman of Melbourne based Asipac Group Pty Ltd, a
diversified company with investments across the resources and
financial sectors, and various property businesses. Mr Sheng also
currently serves as Vice Chairman of the Australia China Business
Council (Victoria) and the Executive Chairman of ASX listed
Terramin Australia Ltd, a company developing a portfolio of zinc
and gold projects in Australia and Algeria.
Tony Manini, Executive Chairman commented:
"On behalf of the Company we welcome Bruce to the Asiamet Board.
Bruce has been a long-term supportive shareholder and we look
forward to the opportunity to work more closely with him as we move
into the project financing and development stage for the BKM
project and continue advancing our other high potential projects on
the KSK CoW and at Beutong. Bruce has spent the past 25 years
working at the interface between China-Australia business and
brings extensive experience and networks across China and greater
Asia to the Asiamet board. This is particularly relevant given
China's One Belt-One Road policy and the large amount of Chinese
inbound investment into Indonesia associated with it. Enhancing the
Company's level of connectivity with China is expected to add
significant value as we continue the development of our portfolio
of high-quality copper, gold and polymetallic projects. Different
skills and experience will be required to take the Company forward
and as such further evolution and strengthening of the board and
management team is considered an important requisite for continued
growth. Our ability to attract new directors of the calibre of
Bruce, and Dominic before him, are testament to the progress we
have made and the quality of the growth opportunity that Asiamet
presents for investors. We look forward to continuing to deliver on
our plans for the benefit of all stakeholders."
The Company provides the following additional disclosure as at
10 July 2019 relating to the appointment of Mr Feng (Bruce) Sheng
as director of Asiamet, effective 10 July 2019:
Mr Feng (Bruce) Sheng, aged 56, currently holds or has held the
following directorships and partnerships over the last five
years:
Current directorships and partnerships Past directorships and partnerships
Asipac Group Pty Ltd Sinotrans Investments Pty Ltd
------------------------------------
Asipac Capital Pty Ltd Sinotrans Holdings Pty Ltd
------------------------------------
Asia Pacific Hotels Pty Ltd Retakaful Collective Pty Ltd
------------------------------------
Asipac Holdings Pty Ltd 1(st) Fund Capital Pty Ltd
------------------------------------
Terbru Pty Ltd
------------------------------------
Kinjusca Pty Ltd
------------------------------------
Asipac FS Investments Pty Ltd
------------------------------------
Asipac Corporation Pty Ltd
------------------------------------
Asipac Dairy Pty Ltd
------------------------------------
BMY Group Pty Ltd
------------------------------------
Partyworld International Pty Ltd
------------------------------------
AHA Pacific Pty Ltd
------------------------------------
Wanshe Holdings Pty Ltd
------------------------------------
Terramin Australia Limited
------------------------------------
Western Mediterranean Zinc SpA
------------------------------------
Mr. Sheng, through the holdings of Asipac Group, has an 8.55%
interest in the securities of Asiamet at the date of this
announcement.
Except as disclosed in this announcement, neither the Company
nor Mr. Sheng are aware of any further disclosures that are
required in respect of the appointment of Mr. Sheng under Rule 17
or paragraph (g) of Schedule Two of the AIM Rules for
Companies.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
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: 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
Berenberg
Matthew Armitt, Detlir Elezi
Telephone: +44 20 3753 3142
Email: Matthew.Armitt@berenberg.com /
Detlir.Elezi@berenberg.com
Liberum
Clayton Bush, Kane Collings
Telephone: +44 7773 322679
Email: Claytong.Bush@liberum.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Follow us on twitter @AsiametTweets
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END
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