Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) is pleased to announce
the appointment of John Tasovac as Chief Financial Officer. Mr. Tasovac, whose
appointment will take effect from 11 August 2013, will manage all finance and
accounting matters and be based full-time in Hanoi. 


Mr. Tasovac brings with him more than 20 years of international finance
experience in the mining industry. He joins AMR from Xstrata, where he was the
General Manager of Finance for Xstrata Copper Project Development South American
Division based in Chile. Prior to this, Mr. Tasovac held various finance
management roles with Xstrata Copper's operations in Peru and Australia, Minera
Alumbrera in Argentina, and BHP Iron Ore in Australia. 


Paula Kember is stepping down from her role as Chief Financial Officer and will
continue as Corporate Secretary of AMR.


Mr. Simon Booth, CEO of AMR, stated: "It gives me great pleasure to welcome John
to AMR. He is joining AMR at a very exciting time as we bring the Ban Phuc
Nickel Project into production. His extensive experience and expertise will be
very valuable during this transformational period as we look to him to
strengthen our financial management and enhance our internal controls. I would
also like to thank Paula for her contributions to AMR as CFO during the last
five years and for navigating us through the turnaround that we have
experienced."


Company Profile:

Asian Mineral Resources Limited is developing the Ban Phuc Nickel Project,
located 160 km north-west of Hanoi in Son La Province, which is owned by its 90%
owned subsidiary Ban Phuc Nickel Mines LLC. The development of the project is in
advanced stages, with underground and surface infrastructure near completion and
production commencing later this month. For further details on AMR and the Ban
Phuc Nickel Project, please refer to the company website at www.asianminres.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, the
commencement of production and the achievement of expected benefits, potential
mineralization and reserve and resource estimates, exploration results and
future plans and objectives of AMR are forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
AMR to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking 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. Such forward-looking
statements are based on a number of material factors and assumptions, including:
estimated cost to bring the Ban Phuc Nickel mine into commercial production,
that contracted parties provide goods and/or services on the agreed timeframes;
that on-going contractual negotiations will be successful and progress and/or be
completed in a timely manner; that application for permits and licences will be
granted/obtained in a timely manner; that no unusual geological or technical
problems occur; that plant and equipment work as anticipated and that there is
no material adverse change in the price of nickel. Although AMR has attempted to
identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results to differ from those
anticipated, estimated or intended. Forward-looking statements contained herein
are made as of 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. There can be
no assurance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements due to the inherent uncertainty therein.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asian Mineral Resources Limited
Paula Kember
Chief Financial Officer
+1 (416) 360-3412
www.asianminres.com

Asian Mineral Resources (TSXV:ASN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Asian Mineral Resources Charts.
Asian Mineral Resources (TSXV:ASN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Asian Mineral Resources Charts.