Asian Mineral Resources Announces Board Changes
June 30 2014 - 9:32AM
Marketwired
Asian Mineral Resources Announces Board Changes
TORONTO, ONTARIO--(Marketwired - Jun 30, 2014) - Asian Mineral
Resources Limited ("AMR") (TSX-VENTURE:ASN) is pleased to announce
the appointment of Michael Brown, a Non-Executive Director, as
Non-Executive Chairman of the Board with immediate effect. Jan
Castro has stepped down as Non-Executive Director and Chairman with
immediate effect.
Commenting on the changes, Robin Widdup, Director of AMR, said:
"We welcome Michael in his role as Chairman of the Board. On behalf
of the Board, I would like to thank Jan for his major contributions
to AMR's business and strategy during his tenure as Chairman. With
Jan's dedication and leadership, AMR was successful in bringing the
Ban Phuc Nickel Project into commercial production and building
strong support from all key stakeholders. We wish him the very best
for the future."
Company Profile:
AMR is one of the
few new sources of nickel sulphide supply globally. AMR commenced
commercial production from its Ban Phuc nickel project in Vietnam
in mid-2013. The Ban Phuc project currently produces over 6,400
tonnes of nickel and 3,200 tonnes of copper per annum contained in
concentrate, plus a cobalt by-product.
In addition to in
and near-mine expansion projects, Ban Phuc provides a
cash-generative operating platform from which AMR can continue to
focus on developing a new nickel camp within its 150km2 of
concessions located throughout the highly-prolific Song Da rift
zone, where AMR has a number of advanced-stage nickel exploration
targets.
For further details on AMR, please refer to the technical report
entitled "NI 43-101 Technical Report - Ban Phuc Nickel Project"
dated February 15, 2013 available on SEDAR, and also visit the
company website at www.asianmineralres.com.
Forward-Looking
Statements:
This press release includes certain "Forward-Looking
Statements." All statements, other than statements of historical
fact, included herein, including without limitation, statements
regarding completion of the project and the achievement of expected
benefits, potential mineralization and reserves, exploration
results and future plans and objectives of AMR are forward-looking
statements that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from AMR's expectations are
disclosed under the heading "Risk Factors" in AMR's Annual
Information Form and elsewhere in AMR's documents filed from
time-to-time with the TSX Venture Exchange and other regulatory
authorities. Forward‐looking statements are qualified entirely by
this cautionary statement and are given only as at the date of this
press release. AMR disclaims any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Paula KemberCorporate Secretary+1 (416) 360-3412
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