Issue of Warrants

RNS Number : 3585C

Asiamet Resources Limited

14 June 2019

 

14 June 2019                                                                                                                            

Issue of Warrants

Asiamet Resources Limited ("ARS" or the "Company") notes that further to the private placement of US$2 million as set out in the Company's announcement dated 28 May 2019, the Placing Shares have today been admitted to trading on AIM.

In conjunction with the Placing, the Company has agreed to issue 2,240,896 common share purchase warrants with each warrant exercisable at the placing price of 4.25p per share, for a period of 3 years.

ARS now has the following options and warrants on issue:

·      1,100,000 C$0.05 options expiring 6 October 2019

·      4,450,000 C$0.05 options expiring 31 August 2020

·      800,000 £0.12 options expiring 11 January 2021

·      6,650,000 C$0.065 options expiring 1 November 2021

·      2,000,000 £0.06 options expiring 20 February 2022

·      2,000,000 £0.08 options expiring 20 February 2022

·      2,000,000 £0.10 options expiring 20 February 2022

·      2,000,000 £0.12 options expiring 20 February 2022

·      2,240,843 £0.0425 warrants expiring 10 May 2022

·      11,700,000 £0.07 options expiring 5 October 2022

·      1,500,000 £0.13 options expiring 1 January 2023

·      1,500,000 £0.15 options expiring 1 January 2023

·      1,500,000 £0.17 options expiring 1 January 2023

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Bird, Deputy Chairman 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] 

Berenberg

Matthew Armitt, Detlir Elezi

Telephone: [phone]

Email: [e-mail] / [e-mail]

Liberum
Clayton Bush, Kane Collings                

Telephone: [phone]

Email: [e-mail] 

Optiva Securities Limited
Christian Dennis

Telephone: [phone]

Email: [e-mail]

 

END

 

 

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