Asiamet Resources Limited Exercise of Broker Warrants (0145M)

TIDMARS

RNS Number : 0145M

Asiamet Resources Limited

02 January 2019

   For Immediate Release                            London AIM 
   2 January 2019                                          Symbol: ARS 

Exercise of Broker Warrants

Asiamet Resources Limited ("ARS" or the "Company") reports that Optiva Securities Limited, holder of 3,475,652 broker warrants exercisable at C$0.05 until expiry on 23 December 2018 ("Broker Warrants"), delivered notice of exercise on 18 December 2018. The Company has now received C$173,783 as a result of the exercise of the Broker Warrants.

Application has been made for the 3,475,652 common shares in ARS to be issued pursuant to the exercise of the Broker Warrants ("Broker Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission to AIM will become effective and dealings in the Broker Shares will commence on or around 8 January 2019. The Broker Shares will rank pari passu in all respects with the existing common shares in the Company.

Asiamet now has the following warrants on issue:

   --      2,921,843 C$0.10 warrants expiring 13 April 2019 

The total number of common shares outstanding after completion of the issue of the Broker Shares will increase from 998,773,721 to 1,002,249,373. This represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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, Sara MacGrath

Telephone: [phone]

Email: [e-mail]

Liberum

Clayton Bush, Kane Collings

Telephone: [phone]

Optiva Securities Limited

Christian Dennis

Telephone: [phone]

Email: [e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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January 02, 2019 12:45 ET (17:45 GMT)