Asiamet Resources Limited Appointment of Crowe U.K. LLP as Auditor (2186Y)

TIDMARS

RNS Number : 2186Y

Asiamet Resources Limited

07 September 2020

7 September 2020

Appointment of Crowe U.K. LLP as Auditor

Asiamet Resources Limited ("Asiamet" or the "Company") announces, following the conclusion of a formal tender process led by the Audit Committee, the Board has approved the appointment of independent external auditors Crowe U.K. LLP ("Crowe"). The engagement of Crowe will take effect for the financial year ending 31 December 2020. The appointment of Crowe for subsequent financial years will be subject to approval by shareholders at each Annual General Meeting.

The Company's existing auditors Ernst & Young will stand down effective immediately and will be replaced by Crowe.

The Group Audit Committee and Board look forward to working closely with Crowe.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Executive Chairman

For further information, please contact:

-Ends-

Tony Manini

Executive Chairman, Asiamet Resources Limited

Email: tony.manini@ asiametresources .com

Investor Enquiries

Sasha Sethi

Telephone: [phone]

Email: [e-mail] / [e-mail]

Asiamet Resources Nominated Adviser

RFC Ambrian Limited

Bhavesh Patel / Stephen Allen

Telephone: [phone]

   Email: [e-mail]   / [e-mail] 

Berenberg

Matthew Armitt, Detlir Elezi

Telephone: [phone]

   Email:   [e-mail] / [e-mail] 

Liberum

Clayton Bush, Kane Collings

Telephone: [phone]

Email: [e-mail]

Optiva Securities Limited

Christian Dennis

Telephone: [phone]

Email: [e-mail]

Blytheweigh Communications Limited

Tim Blythe/Megan Ray

Telephone: [phone]

Email: [e-mail] / [e-mail]

Follow us on twitter @AsiametTweets

FORWARD-LOOKING STATEMENT

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised 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 contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").

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September 07, 2020 04:35 ET (08:35 GMT)