Asiamet Resources Ltd.: Grant of Options

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 Asiamet Resources Ltd. (ARS) 
Asiamet Resources Ltd.: Grant of Options 
 
09-Oct-2017 / 12:25 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
             For Immediate Release London AIM 
 
9 October 2017 Symbol: ARS 
 
      Asiamet Resources Grant of Options 
 
  Asiamet Resources Limited ("ARS" or the "Company") announces that pursuant 
to the Company's shareholder approved Stock Option Plan, the Company's Board 
       of Directors granted 1,300,000 Incentive Stock Options ("Options") to 
      non-executive Directors, 10,150,000 Options to employees and 2,250,000 
  Options to key consultants, for a total of 13,700,000 Options. The Options 
       are exercisable into common shares of ARS until 5 October 2022, at an 
exercise price of GBP0.07 per share, which represents a significant premium of 
     35.1% to the closing market price on 6 October 2017. Directors will not 
             receive fees for the 2017 Calendar year. 
 
     The share holdings and warrant holdings of the Directors in the Company 
      remain unchanged, while the number of Options granted to the Directors 
    subject to these arrangements and their resultant Options holding in the 
             Company are as follows: 
 
    Director     Number Options   Total Options  Total Options 
                    granted 5      previously       granted 
                  October 2017       granted      pursuant to 
                                                      Plan 
 Peter Pollard       500,000       1,500,0001      2,000,000 
  Tony Manini       3,000,000      6,750,0002      9,750,000 
   Peter Bird       2,250,000      8,000,0003      10,250,000 
  Faldi Ismail       400,000       1,600,0004      2,000,000 
Raynard von Hahn     400,000       1,000,0005      1,400,000 
 Stephen Hughes     3,000,000      5,500,0006      8,500,000 
                    9,550,000      24,350,000      33,900,000 
 
1) 300,000 options with an exercise price of C$0.10 and expiring July 1, 
2018, 300,000 options with an exercise price of C$0.05 and expiring 
October 6, 2019, 400,000 options with an exercise price of C$0.05 and 
expiring August 6, 2020, and 500,000 options with an exercise price of 
C$0.065 and expiring November 1, 2021 
 
2) 3,000,000 options with an exercise price of C$0.05 and expiring August 
6, 2020 and 3,750,000 options with an exercise price of C$0.065 and 
expiring November 1, 2021 
 
3) 2,000,000 options vesting February 20, 2018 at an exercise price of 6p 
per share and expiring, 2,000,000 options vesting February 20, 2018 at an 
exercise price of 8p per share and expiring, 2,000,000 options vesting 
February 20, 2019 at an exercise price of 10p per share and expiring, and 
2,000,000 options vesting February 20, 2019 at an exercise price of 12p 
per share and expiring February 20, 2022 
 
4) 500,000 options with an exercise price of C$0.10 and expiring July 1, 
2018, 400,000 options with an exercise price of C$0.05 and expiring 
October 6, 2019, 300,000 options with an exercise price of C$0.05 and 
expiring August 6, 2020, and 400,000 options with an exercise price of 
C$0.065 and expiring November 1, 2021 
 
5) 300,000 options with an exercise price of C$0.05 and expiring October 
6, 2019, 300,000 options with an exercise price of C$0.05 and expiring 
August 6, 2020, and 400,000 options with an exercise price of C$0.065 and 
expiring November 1, 2021 
 
6) 1,000,000 options with an exercise price of C$0.05 and expiring October 
6, 2019, 2,000,000 options with an exercise price of C$0.05 and expiring 
August 6, 2020, and 2,500,000 options with an exercise price of C$0.065 
and expiring November 1, 2021 
 
            ARS now has the following shares, options and warrants on issue: 
 
· 854,889,186 fully paid ordinary shares 
 
· 1,874,364 C$0.05 warrants expiring 5 November 2017 
 
· 2,147,581 C$0.06 warrants expiring 26 April 2018 
 
· 4,282,200 C$0.10 options expiring 1 July 2018 
 
· 3,475,652 C$0.05 warrants expiring December 23, 2018 
 
· 3,533,747 C$0.10 warrants expiring 13 April 2019 
 
· 3,050,000 C$0.05 options expiring 6 October 2019 
 
· 9,250,000 C$0.05 options expiring 31 August 2020 
 
· 10,500,000 C$0.065 options expiring 1 November 2021 
 
· 2,000,000 GBP0.06 options expiring 20 February 2022 
 
· 2,000,000 GBP0.08 options expiring 20 February 2022 
 
· 2,000,000 GBP0.10 options expiring 20 February 2022 
 
· 2,000,000 GBP0.12 options expiring 20 February 2022 
 
· 13,700,000 GBP0.07 options expiring 5 October 2022 
 
             ON BEHALF OF THE BOARD OF DIRECTORS 
 
             Peter Bird, Deputy Chairman and CEO 
 
-Ends- 
 
For further information, please contact: 
 
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] [1] 
 
Optiva Securities Limited 
Christian Dennis 
 
Telephone: [phone] 
 
Email: [e-mail] 
 
ISIN:          BM04521V1038 
Category Code: MSCM 
TIDM:          ARS 
LEI Code:      213800PWJMT1NG28TA88 
Sequence No.:  4714 
 
End of Announcement EQS News Service 
 
616963 09-Oct-2017 
 
 
1: mailto:[e-mail] 
 

(END) Dow Jones Newswires

October 09, 2017 07:27 ET (11:27 GMT)