Asiamet Resources Limited Asiamet Resources Voluntarily De-listing From Tsx Venture Exchange

 
TIDMARS 
 
 
   Asiamet Resources Limited ("ARS" or the "Company"), announces that it 
has applied for voluntary delisting of the common shares of the Company 
("Shares") from the TSX Venture Exchange ("TSXV"). The Shares are 
currently listed for trading on the TSXV and AIM. 
 
   The directors of the Company believe that the minimal trading activity 
of the Company's common shares on the TSXV no longer justifies the 
expense and administrative requirements associated with maintaining this 
dual listing, and that the Company's continuing AIM listing will provide 
its shareholders with a sufficiently liquid market. 
 
   Subject to its application being accepted by the TSXV, it is expected 
that the Shares will be delisted from the TSXV at the close of trading 
28 February 2017, with the Shares continuing to trade on AIM under the 
ticker "ARS". 
 
   Implications of the delisting for shareholders on the Canadian register 
 
   Following delisting from the TSXV, on 31 March 2017, the Company will 
also be closing its Canadian share register and merging it with the 
principal register in Bermuda to be maintained by Computershare Investor 
Services (Bermuda) Limited (the "Bermuda Register"). 
 
   The Company's Canadian share register will, however, remain open until31 
March 2017 in order to enable shareholders and Canadian Depository for 
Securities ("CDS") participants currently on the Canadian register to 
request, if they wish, to have depositary interests ("DIs") in respect 
of their holdings issued to a broker/nominee within CREST, the United 
Kingdom ("UK") settlement system. 
 
   The Company is incorporated in Bermuda and its Shares are quoted on AIM 
in London. The Company uses DIs to enable electronic transfer and 
settlement within CREST for trading of its securities on AIM. 
 
   If CDS participants or shareholders on the Canadian register have not 
activated a DI issuance request by 31 March 2017, their holding will be 
automatically moved to a certificated holding on the Bermuda Register 
and they will be sent a new physical share certificate. Canadian share 
certificates previously issued will become null and void at such time. 
Following delisting from the TSXV, shareholders trading their holdings 
not held in the form of DIs within CREST may encounter delays or 
additional expense. Shareholders whose holdings are already held within 
CREST in the form of DIs, or who wish to receive new share certificates 
from the Bermuda Register need not take any action. 
 
   CDS participants or those with Shares held by a broker within CDS, who 
wish to have DIs issued in respect of their holdings, should arrange for 
the CDS participant or broker to complete and submit a Computershare 
xSettle Electronic Instruction or a "Register Removal Request - CDS 
Withdrawals to UK Depositary Interests" form to Computershare Investor 
Services Inc. (the "Depositary") for the issue of DIs to their 
broker/nominee in CREST. Shareholders who hold their Shares through a 
Canadian broker are encouraged to contact their broker to arrange for 
this to happen. 
 
   Registered shareholders with share certificates who wish to have DIs 
issued in respect of their holdings, will need to open an account with a 
CREST broker/nominee and complete a "Register Removal Request - Canadian 
Certificate to UK Depositary Interests" form and submit it to the 
Registrar together with the original Canadian share certificate(s). 
Alternatively, Canadian share certificates can be submitted to the CREST 
broker/nominee for them to arrange the issuance and deposit of the DIs 
into CREST. 
 
   These forms are available from: 
https://www-us.computershare.com/Investor/help/PrintableForms. 
 
   Shareholders are encouraged to contact Computershare Investor Services 
Inc., the Company's Canadian share registrar for any information about 
the delisting process on: toll free [phone]; (or [phone] 
if dialling from outside Canada), or on: [phone] for 
shareholders in the UK. 
 
   ON BEHALF OF THE BOARD OF DIRECTORS 
 
   Tony Manini, Deputy Chairman and CEO 
 
   -Ends- 
 
   For further information, please contact: 
 
 
 
   Tony Manini 
 
   Deputy Chairman and CEO, 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] 
 
   Neither the TSX Venture Exchange nor its Regulation Services Provider 
(as that term is defined in the policies of the TSX Venture Exchange) 
accepts responsibility for the adequacy or accuracy of this release. 
 
   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

January 25, 2017 02:00 ET (07:00 GMT)

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