Asiamet CEO Share Purchase
Asiamet Resources Limited (the "Company" or "ARS") wishes to advise that on September 2, 2015 Antony Manini, a Director and the Deputy Chair and Chief Executive Officer of the Company, notified the Company that on September 1, 2015, he purchased 3,500,000 shares of the Company, privately at a price of £0.012999 per share.
Mr Manini purchased the residual shareholding interest of MK TRM Holdings LP ("MK"), a significant shareholder of Asiamet, after the Company became aware that MK was in the process of selling down its shareholding. The sale of MK's entire shareholding in the Company is now complete.
Following this purchase, Mr. Manini now indirectly holds 14,579,618 (2.9%) common shares in the Company by way of 6,483,566 common shares held by Antman Holding Pty Ltd and 8,096,052 common shares held by A.J.M. Investco Pty Ltd. Mr Manini also directly holds 3,812,554 share purchase warrants and 3,000,000 options in the Company with an exercise price of CAD $0.05 per share and an expiry date of August 31, 2020.
Warrants | Expiry Date | Ex. Price |
611,904 | 4-Jun-2016 | C$0.06 |
318,579 | 18-Jun-2016 | C$0.06 |
1,529,761 | 2-Oct-2016 | C$0.10 |
269,575 | 13-May-2017 | C$0.12 |
164,878 | 13-May-2017 | C$0.12 |
917,857 | 13-Apr-2019 | C$0.10 |
3,812,554 |
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Deputy Chairman and CEO
For further information please contact:
-Ends-
Tony Manini
Deputy Chairman and CEO, Asiamet Resources Limited
Telephone: +61 3 8644 1300
Email: tony.manini@asiametresources.com
VSA Capital Limited
Andrew Raca / Justin McKeegan
Telephone: +44 20 3005 5004 / +44 20 3005 5009
Email: araca@vsacapital.com
Asiamet Resources' Nominated Adviser
RFC Ambrian Limited
Andrew Thomson / Oliver Morse
Telephone: +61 8 9480 2500
Email:Andrew.Thomson@rfcambrian.com / Oliver.Morse@rfcambrian.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.