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ARS Asiamet Resources Limited

0.60
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asiamet Resources Limited LSE:ARS London Ordinary Share BM04521V1038 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.60 0.55 0.65 0.60 0.60 0.60 652,566 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -6.93M -0.0027 -2.22 15.56M

Asiamet Resources Limited Issue of Warrants (3585C)

14/06/2019 1:30pm

UK Regulatory


Asiamet Resources (LSE:ARS)
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From Mar 2019 to Mar 2024

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TIDMARS

RNS Number : 3585C

Asiamet Resources Limited

14 June 2019

14 June 2019

Issue of Warrants

Asiamet Resources Limited ("ARS" or the "Company") notes that further to the private placement of US$2 million as set out in the Company's announcement dated 28 May 2019, the Placing Shares have today been admitted to trading on AIM.

In conjunction with the Placing, the Company has agreed to issue 2,240,896 common share purchase warrants with each warrant exercisable at the placing price of 4.25p per share, for a period of 3 years.

ARS now has the following options and warrants on issue:

   --      1,100,000 C$0.05 options expiring 6 October 2019 
   --      4,450,000 C$0.05 options expiring 31 August 2020 
   --      800,000 GBP0.12 options expiring 11 January 2021 
   --      6,650,000 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 
   --      2,240,843 GBP0.0425 warrants expiring 10 May 2022 
   --      11,700,000 GBP0.07 options expiring 5 October 2022 
   --      1,500,000 GBP0.13 options expiring 1 January 2023 
   --      1,500,000 GBP0.15 options expiring 1 January 2023 
   --      1,500,000 GBP0.17 options expiring 1 January 2023 

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: +61 3 8644 1300

Email: peter.bird@asiametresources.com

Tony Manini

Executive Chairman, Asiamet Resources Limited

Telephone: +61 3 8644 1300

Email: tony.manini@asiametresources.com

FlowComms Limited

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: Sasha@flowcomms.com

Asiamet Resources Nominated Adviser

RFC Ambrian Limited

Andrew Thomson / Stephen Allen

Telephone: +61 8 9480 2500

Email: Andrew.Thomson@rfcambrian.com / Stephen.Allen@rfcambrian.com

Berenberg

Matthew Armitt, Detlir Elezi

Telephone: +44 20 3753 3142

Email: Matthew.Armitt@berenberg.com / Detlir.Elezi@berenberg.com

Liberum

Clayton Bush, Kane Collings

Telephone: +44 7773 322679

Email: Claytong.Bush@liberum.com

Optiva Securities Limited

Christian Dennis

Telephone: +44 20 3137 1903

Email: Christian.Dennis@optivasecurities.com

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 rns@lseg.com or visit www.rns.com.

END

IOELLFLFRAISLIA

(END) Dow Jones Newswires

June 14, 2019 08:30 ET (12:30 GMT)

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