TIDMARS
RNS Number : 2894N
Asiamet Resources Limited
22 September 2023
22 September 2023
Asiamet Board Changes
Asiamet Resources Limited ('Asiamet' or 'the Company') is
pleased to announce the following changes to its Board of
Directors:
-- Appointment of Mr Matthew Doube as a Non-Executive Director
-- Retirement of Non-Executive Director, Mr Faldi Ismail
Mr Doube is a highly experienced senior executive with an
extensive background in investment banking, corporate finance and
strategy, including more than fifteen years in the metals and
mining sector.
Mr Doube is a representative of Asiamet's largest shareholder,
PT Delta Dunia Makmur Tkb. with responsibility for corporate
finance strategy and execution. He has extensive experience and
networks within the banks covering the resources sector,
particularly in Australasia. This further strengthens Asiamet's
capability as the Company progresses the BKM copper project.
Mr Doube was previously CFO for ASX listed Nusantara Resources
Limited, leading the advancement of the Awak Mas Gold project in
Indonesia.
Mr Doube holds a Bachelor of Laws and Legal Practice and a
Bachelor of Commerce in Accounting and Finance from the Flinders
University, South Australia.
With the appointment of Mr Doube, Mr Ismail will retire from the
Asiamet Board. Mr Ismail has been a Non-Executive Director of
Asiamet since 2015 before which he was the Deputy Chairman, CEO and
Managing Director of Asiamet's predecessor company, Kalimantan Gold
Corporation. He has served as member of the Board Audit Committee
and the Remuneration and Nomination Committee.
Tony Manini, Executive Chairman of Asiamet Resources
Commented:
"We are pleased to have Matthew Doube join the Asiamet board as
a Non-Executive Director at this critically important time for the
Company. Matthew brings an extensive background in corporate
finance and M&A investment banking, together with a strong and
current network across Australasian banks and financial
institutions. As the Company progresses its flagship BKM copper
project through financing and into development, Matthew's
appointment strengthens the Board's capacity to support and assist
management in these key areas of the business.
The Asiamet Board composition will continue to evolve as the
Company transitions from explorer to developer, and in turn,
operator. As part of this evolution and co-incident with the
appointment of Matt Doube as a Non-Executive Director, Mr Faldi
Ismail has elected to retire from the Board after 14 years of
service. Faldi served as the Deputy Chairman, CEO and Managing
Director of Asiamet's predecessor company, Kalimantan Gold
Corporation from April 2011 to February 2015, and has been a
Non-Executive Director and Board Committee Member of Asiamet since
2015.
On behalf of the Company, we thank Faldi for his many years of
service and welcome Matthew to the Board. We look forward to his
contribution to the growth of the Company as we progress our first
project through financing and into production."
Further Information on Mr Doube's Appointment:
The following details in relation to the appointment of Matthew
Doube are disclosed in accordance with AIM Rule 17 and Schedule
2(g) of the AIM Rules.
Matthew Julian Doube (aged 41) has held the following
directorships in the past five years:
Current Directorships / Partnerships Directorships / Partnerships held
within the past five years
King Brown Capital Pte. Ltd. OHRG Pte. Ltd.
----------------------------------
Infinity Kegs Pte. Ltd. Mt Pleasant Joint Venture Pty Ltd
----------------------------------
HoDo Holdings Pty Ltd
----------------------------------
Malauden Pty Ltd
----------------------------------
Mr Doube currently holds 52,385 Common Shares in the Company
through Malauden Pty Ltd, a company of which he is the sole
beneficial owner.
There is no further information to be disclosed in relation to
Matthew Doube's appointment pursuant to AIM Rule 17 or Schedule
Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended by virtue of the Market Abuse
(Amendment) (EU Exit) Regulations 2019.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
-Ends-
For further information, please contact:
Tony Manini
Executive Chairman, Asiamet Resources Limited
Email: tony.manini@ asiametresources .com
Darryn McClelland
CEO, Asiamet Resources Limited
Email: darryn.mcclelland @ asiametresources .com
FlowComms Limited
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com
Nominated & Financial Adviser
Strand Hanson Limited
James Spinney / James Dance / Rob Patrick
Telephone: +44 20 7409 3494
Email: asiamet@strandhanson.co.uk
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
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END
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