Asiamet Resources Limited Notification Of Changes In Substantial And Significant Shareholdings
March 24 2017 - 3:00AM
UK Regulatory
TIDMARS
Asiamet Resources Limited ("Asiamet" or "the Company") wishes to advise
that Tigers Realm Minerals Pty Ltd. ("Tigers"), a private investment
Company in which Mr. Tony Manini, the Executive Chairman and a Director
of Asiamet is a shareholder, notified the Company on March 23, 2017 that
in line with its corporate strategy, shareholdings in the listed
companies it has invested in and supported during their pre-development
phase have been distributed pro-rata to the underlying shareholders of
Tigers. The majority of Tigers shareholders are existing shareholders
and strong ongoing supporters of Asiamet.
This is the second and final distribution of the remaining holding of
846,886 common shares in the Company to AJM Investco Pty Ltd., a company
controlled by Mr. Manini. Mr. Manini now holds a total of 27,223,277
(3.83%) of the common shares in the Company of which 156,902 are held
directly, 10,772,117 common shares are held by Antman Holding Pty Ltd
and 16,294,258 common shares are held by A.J.M. Investco Pty Ltd.
ON BEHALF OF THE BOARD OF DIRECTORS
Peter Bird, Managing Director & CEO
For further information, please contact:
-Ends-
Peter Bird, Managing Director & 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 / Mehrdad@flowcomms.com
Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Andrew Thomson / Oliver Morse
Telephone: +61 8 9480 2500
Email: Andrew.Thomson@rfcambrian.com / Oliver.Morse@rfcambrian.com
VSA Capital Limited
Andrew Raca / Justin McKeegan
Telephone: +44 20 3005 5004 / +44 20 3005 5009
Email: araca@vsacapital.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
This news release contains forward-looking statements that are based on
the Company's current expectations and estimates. Forward-looking
statements are frequently characterized 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 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
March 24, 2017 03:00 ET (07:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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