Asiamet Resources Limited Exercise of Options (4511X)
April 29 2019 - 11:00AM
UK Regulatory
TIDMARS
RNS Number : 4511X
Asiamet Resources Limited
29 April 2019
29 April 2019
Exercise of Options
Asiamet Resources Limited ("ARS" or the "Company") reports that
it has received notification from an Option holder to exercise
options over 1,150,000 new common shares in the share capital of
the Company (the "New Common Shares"). The Company has today issued
the New Common Shares to the option holder and has received
C$57,500 as a result of the exercise of these options respectively
at a price of C$0.05 per option.
Application has been made for the New Common Shares to be
admitted to trading on AIM ("Admission"). It is expected that
Admission to AIM will become effective and dealings in the New
Common Shares will commence on or around 30 April 2019. The New
Common Shares will rank pari passu in all respects with the
existing common shares in the Company.
The total number of common shares outstanding after completion
of the issue of the New Common Shares will increase from
1,005,130,979 to 1,006,280,979. 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.
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
-- 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
Liberum
Clayton Bush, Kane Collings
Telephone: +44 7773 322679
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
IOELLFSSSSIAFIA
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