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ASN Asian Mineral Resources Ltd

0.30
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Asian Mineral Resources Ltd TSXV:ASN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.30 0.25 0.32 0 01:00:00

Asian Mineral Resources Issuance of Shares

10/01/2014 11:13pm

Marketwired Canada


Asian Mineral Resources Limited (TSX VENTURE:ASN) ("AMR") has today issued
common shares (the "Shares") to certain of its directors as compensation for
directors' fees in lieu of cash payment for services performed during the fourth
quarter of 2013. The Shares were issued pursuant to the terms of share
compensation agreements with each of Jan Castro, Michael Brown, Stephen Gill,
James Askew and Christopher Castle as previously announced in press releases
dated July 2, 2013, July 11, 2013 and October 24, 2013. The Shares, which are
subject to a hold period of four months in accordance with the policies of the
TSX-V, were issued at a price of $0.05 per Share as follows:




Director                      Common shares                                 
                                                                            
Jan Castro                    425,441                                       
Michael Brown                 319,081                                       
Stephen Gill                  250,000                                       
James Askew                   195,652                                       
Christopher Castle            234,783                                       



The Company is eligible to issue up to 10% of its issued and outstanding common
shares at the applicable time under its stock option plan and there are
20,616,781 common shares of the Company reserved for issuance.


Company Profile:

Asian Mineral Resources Limited is a Canadian TSX-V listed company with a nickel
producing mine, the Ban Phuc Nickel Project, located 160 km north-west of Hanoi
in Son La Province, Vietnam. The project produces a high-quality nickel
concentrate, with a significant copper by-product. For further details on the
Ban Phuc Nickel Project and AMR, please refer to the technical report entitled
"NI 43-101 Technical Report - Ban Phuc Nickel Project" dated February 15, 2013
available on SEDAR, and also visit the company website at www.asianminres.com.


Forward-Looking Statements

This press release includes certain "Forward-Looking Statements". All
statements, other than statements of historical fact, included herein, including
without limitation, statements regarding completion of the project and the
achievement of expected benefits, potential mineralization and reserves,
exploration results and future plans and objectives of AMR are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from
AMR's expectations are disclosed under the heading "Risk Factors" in AMR's
Annual Information Form and elsewhere in AMR's documents filed from time-to-time
with the TSX Venture Exchange and other regulatory authorities. Forward-looking
statements are qualified entirely by this cautionary statement and are given
only as at the date of this press release. AMR disclaims any obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asian Mineral Resources Limited
Paula Kember
Corporate Secretary
+1 (416) 360-3412

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