Asiamet Resources Limited : Director/PDMR Share...

Asiamet Resources Limited : Director/PDMR Shareholding

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.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#1949759
UK 100

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