TIDMARS
RNS Number : 9187M
Asiamet Resources Limited
02 May 2018
For Immediate Release London AIM
2 May 2018 Symbol: ARS
Exercise of Options
Asiamet Resources Limited ("ARS" or the "Company") reports that
on 30 April 2018 it received notification from Peter Pollard, a
director of the Company, to exercise options over 300,000 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 holders and has received C$30,000 at an exercise price of
C$0.10 per option as a result of the exercise of these options.
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 4 May 2018. 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
927,363,355 to 927,663,355. 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.
Mr Pollard now holds the following securities in the
Company:
-- 708,501 common shares representing a 0.08% interest in the Company
-- 300,000 C$0.05 options expiring 6 October 2019
-- 400,000 C$0.05 options expiring 31 August 2020
-- 500,000 C$0.065 options expiring 1 November 2021
-- 500,000 GBP0.07 options expiring 5 October 2022
ARS now has the following options and warrants on issue:
-- 3,482,200 C$0.10 options expiring 1 July 2018
-- 3,475,652 C$0.05 warrants expiring 23 December 2018
-- 3,533,747 C$0.10 warrants expiring 13 April 2019
-- 2,500,000 C$0.05 options expiring 6 October 2019
-- 8,200,000 C$0.05 options expiring 31 August 2020
-- 9,550,000 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
-- 13,700,000 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
-- 800,000 GBP0.12 options expiring 11 January 2021
ON BEHALF OF THE BOARD OF DIRECTORS
Peter Bird, Managing Director 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
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Liberum Capital Limited
Neil Elliot, Clayton Bush, Kane Collings
Telephone: +44 20 3100 2222
Email: neil.elliot@liberum.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELLFLVEIIFIIT
(END) Dow Jones Newswires
May 02, 2018 09:30 ET (13:30 GMT)
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