Asiamet Resources Limited Change Of Head Office And Company Secretary

 
TIDMARS 
 
 
   Asiamet Resources Limited ("ARS" or the "Company") is a copper focused 
mineral exploration and development company which over the past three 
years has created significant shareholder value through the discovery 
and development of high quality copper, copper-gold and polymetallic 
Zn-Pb-Cu-Ag-Au projects in Indonesia. 
 
   As the BKM asset advances through feasibility studies and the Company 
continues to transition from explorer to developer with additional 
projects coming online, activity levels from both a capital investment, 
and human resource perspective are increasing greatly and a number of 
corporate initiatives have also been advanced to support the progression 
of the Company as it evolves including: 
 
   1. Delisting from the TSX-V earlier in calendar year 2017 
 
   2. Applying to cease becoming a reporting issuer under the Canadian 
regulatory system 
 
   3. Establishing a corporate head office in Melbourne, Australia to more 
closely support Indonesian operations, technical studies and the 
Company's financing and corporate initiatives. 
 
   The above three activities were also undertaken to better reflect the 
structure of the Company's shareholder base which over time has seen a 
vastly diminished Canadian weighting and a significant shift towards the 
UK and Australia. 
 
   As the Company is nearing completion of its exit from the Canadian 
regulatory environment the Company Secretarial function will relocate to 
London, the domicile of the Company's AIM listing. Silvertree Partners 
has been appointed as our service provider in this area, effective 
29(th) September 2017 with Mr Sam Quinn assuming the role as Company 
Secretary from Doris Meyer.  Ms Meyer will also be stepping down from 
the role of CFO, with her responsibilities in this capacity to be 
assumed by internal appointee Jessica Turk in the interim while the 
Company completes a process of identifying and appointing a replacement 
CFO strategically suited to the next phase of our development. 
 
   In addition, the Company wishes to advise that effective from today's 
announcement its Head Office has changed from White Rock, British 
Columbia, Canada to; 
 
   Level 17 
 
   303 Collins Street, Melbourne, 
 
   Victoria, Australia 3000. 
 
   There is no change to the Company's registered address. 
 
   About Silvertree Partners 
 
   Silvertree Partners LLP ("Silvertree") is a London-based specialist 
corporate services provider for the metals and mining industry. 
Established in 2015 by Sam Quinn and Fuad Sillem, Silvertree offers 
accounting, company secretarial and corporate development services.  Sam 
Quinn graduated from the University of Western Australia in 1999 with a 
Bachelor of Laws and Bachelor of Arts. Mr Quinn is a qualified lawyer in 
Western Australia and in England & Wales and since 2006 has held the 
position of Director of Corporate Finance and Legal Counsel to the 
Dragon Group, a private company with interests in international mining 
finance and management. Prior to this, Mr Quinn worked as a corporate 
lawyer for several leading international law firms based in Western 
Australia and London. 
 
   CEO Peter Bird Commented 
 
   "As the Company continues to evolve it is necessary to make changes 
which better reflect the core focus of our business activities and the 
relevant stage of our growth path. The relocation of the corporate head 
office to Melbourne and establishment of a Company Secretarial function 
in London better reflect the focus and location of our key business 
activities going forward and the geographical concentration of our 
current shareholder base in the UK and Australia. 
 
   In closing, the Company would like to take this opportunity to thank 
outgoing Company Secretary Ms. Doris Meyer for her long service and 
valuable commitment to Asiamet and its predecessor Company, Kalimantan 
Gold Corporation. Ms Meyer has been a dedicated and highly valued 
contributor in the advancement of Asiamet to its current position" 
 
   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] 
 
   Optiva Securities Limited 
 
   Christian Dennis 
 
   Telephone: [phone] 
 
   Email: [e-mail] 
 
   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

September 29, 2017 02:01 ET (06:01 GMT)

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