Asiamet Resources Limited Notification Of Changes In Substantial And Significant Shareholdings

 
TIDMARS 
 
 
   Asiamet Resources Limited ("Asiamet" or "the Company") wishes to advise 
that Tigers Realm Minerals Pty Ltd. ("Tigers"), a private investment 
Company in which Mr. Tony Manini, the Executive Chairman and a Director 
of Asiamet is a shareholder, notified the Company on March 23, 2017 that 
in line with its corporate strategy, shareholdings in the listed 
companies it has invested in and supported during their pre-development 
phase have been distributed pro-rata to the underlying shareholders of 
Tigers. The majority of Tigers shareholders are existing shareholders 
and strong ongoing supporters of Asiamet. 
 
   This is the second and final distribution of the remaining holding of 
846,886 common shares in the Company to AJM Investco Pty Ltd., a company 
controlled by Mr. Manini.  Mr. Manini now holds a total of 27,223,277 
(3.83%) of the common shares in the Company of which 156,902 are held 
directly, 10,772,117 common shares are held by Antman Holding Pty Ltd 
and 16,294,258 common shares are held by A.J.M. Investco Pty Ltd. 
 
   ON BEHALF OF THE BOARD OF DIRECTORS 
 
   Peter Bird, Managing Director & CEO 
 
   For further information, please contact: 
 
 
 
   -Ends- 
 
   Peter Bird, Managing Director & 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] / [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] 
 
   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. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq 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 
 
 
  http://www.asiametresources.com 
 

(END) Dow Jones Newswires

March 24, 2017 03:00 ET (07:00 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.