Asiamet Broker Warrants Exercised

Asiamet Resources Limited ("ARS" or the "Company") reports that VSA Capital Limited, holder of 308,333 broker warrants exercisable at C$0.05 until expiry on June 1, 2017 ("Broker Warrants"), delivered notice of exercise on May 4, 2017.

Application has been made for the 308,333 common shares 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 May 11, 2017.

Asiamet now has the following warrants on issue:

• 1,708,746 C$0.12 warrants expiring 13 May 2017
• 5,108,333 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
• 3,475,652 C$0.05warrants expiring December 23, 2018

The total number of common shares outstanding after completion of the issue of the Broker Shares will increase from 709,937,636 to 710,245,969.

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: [phone]
Email: [e-mail]

Tony Manini
Executive Chairman, Asiamet Resources Limited
Telephone: [phone]
Email: [e-mail]

FlowComms Limited
Sasha Sethi
Telephone: [phone]
Email: [e-mail]


Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Andrew Thomson / Stephen Allen
Telephone: [phone]
Email: [e-mail] / [e-mail]

VSA Capital Limited
Andrew Raca / Justin McKeegan
Telephone: [phone]
Email: [e-mail]

Optiva Securities Limited
Christian Dennis
Telephone: [phone]
Email: [e-mail]

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Asiamet Resources Limited via Globenewswire