Asiamet Resources Limited Director/PDMR Shareholding

 
TIDMARS 
 
For Immediate Release                      TSX Venture Exchange 
 
12 October, 2016                               and AIM 
 
Vancouver, British Columbia              Symbol: ARS 
 
                      Asiamet Resources - warrants lapse 
 
Asiamet Resources Limited ("ARS" or the "Company") advises that 5,277,674 
warrants with an exercise price of C$0.10 have lapsed following their expiry on 
2 October 2016 ("Expired Warrants"). The Expired Warrants were held by (among 
others) Asiamet directors Tony Manini (1,529,761 Expired Warrants) and Stephen 
Hughes (305,952 Expired Warrants). The share holdings and options holdings of 
each of the directors remains unchanged, while the warrants held by each 
director comprise: 
 
Tony Manini (all directly held): Stephen Hughes (all directly held): 
 
Warrants    Expiry Date      Ex. Price        Warrants    Expiry Date      Ex. 
Price 
 
269,575      13-May-2017    C$0.12            81,628      13-May-2017    C$0.12 
 
164,878      13-May-2017    C$0.12            49,931      13-May-2017    C$0.12 
 
917,857      13-Apr-2019     C$0.10            611,904     13-Apr-2019 
C$0.10 
 
Asiamet now has the following shares, options and warrants on issue: 
 
  * 622,984,168 fully paid ordinary shares 
  * 4,282,200 C$0.10 options expiring 1 July 2018 
  * 3,050,000 C$0.05 options expiring 6 October 2019 
  * 9,250,000 C$0.05 options expiring 31 August 2020 
  * 1,708,746 C$0.12 warrants expiring 13 May 2017 
  * 5,416,666 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 
 
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: [phone] 
Email: [e-mail] 
 
FlowComms Limited 
Sasha Sethi 
Telephone: [phone] 
Email: [e-mail] 
 
Asiamet Resources Nominated Adviser 
RFC Ambrian Limited 
Andrew Thomson / Oliver Morse 
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] 
 
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 news release contains forward-looking statements that are based on the 
Company's current expectations and estimates. Forward-looking statements are 
frequently characterized by words such as "plan", "expect", "project", 
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other 
similar words or statements that certain events or conditions "may" or "will" 
occur. Such forward-looking statements involve known and unknown risks, 
uncertainties and other factors that could cause actual events or results to 
differ materially from estimated or anticipated events or results implied or 
expressed in such forward-looking statements. Such factors include, among 
others: the actual results of current exploration activities; conclusions of 
economic evaluations; changes in project parameters as plans continue to be 
refined; possible variations in ore grade or recovery rates; accidents, labour 
disputes and other risks of the mining industry; delays in obtaining 
governmental approvals or financing; and fluctuations in metal prices. There 
may be other factors that cause actions, events or results not to be as 
anticipated, estimated or intended. Any forward-looking statement speaks only 
as of the date on which it is made and, except as may be required by applicable 
securities laws, the Company disclaims any intent or obligation to update any 
forward-looking statement, whether as a result of new information, future 
events or results or otherwise. Forward-looking statements are not guarantees 
of future performance and accordingly undue reliance should not be put on such 
statements due to the inherent uncertainty therein. 
 
 
 
END 
 

(END) Dow Jones Newswires

October 12, 2016 02:00 ET (06:00 GMT)