For Immediate Release London AIM

 

20 October 2017 Symbol: ARS

 

 

 

 

Asiamet Broker Warrants Exercised

Asiamet Resources Limited ("ARS" or the "Company") reports that Optiva Securities Limited, holder of 1,874,364 broker warrants exercisable at C$0.05 until expiry on 5 November 2017 ("Broker Warrants"), delivered notice of exercise on 17 October 2017.  The Company has received C$93,718.20 as a result of the exercise of the Broker Warrants.

Application has been made for the 1,874,364 common shares in ARS to be issued pursuant to the exercise of the Broker Warrants ("Broker Shares") to be admitted to trading on AIM ("Admission").  It is expected that Admission to AIM will become effective and dealings in the Broker Shares will commence on or around 25 October 2017. The Broker Shares will rank pari passu in all respects with the existing common shares in the Company.

Asiamet now has the following warrants on issue:

• 2,147,581 C$0.06 warrants expiring 26 April 2018
• 3,475,652 C$0.05 warrants expiring 23 December 2018
• 3,533,747 C$0.10 warrants expiring 13 April 2019

 

The total number of common shares outstanding after completion of the issue of the Broker Shares will increase from 854,889,186 to 856,763,550. This represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Bird, Managing Director 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: 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