Asiamet Resources Limited Exercise of Options (2141V)
July 19 2018 - 11:30AM
UK Regulatory
TIDMARS
RNS Number : 2141V
Asiamet Resources Limited
19 July 2018
For Immediate Release London AIM
19 July 2018 Symbol: ARS
Exercise of Options
Asiamet Resources Limited ("ARS" or the "Company") reports that
it has received notification from option holders to exercise
options over 1,000,000 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
GBP70,000 at an exercise price of GBP0.07 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 23 July 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
937,025,250 to 938,025,250. 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:
-- 3,475,652 C$0.05 warrants expiring 23 December 2018
-- 2,921,843 C$0.10 warrants expiring 13 April 2019
-- 1,500,000 C$0.05 options expiring 6 October 2019
-- 6,200,000 C$0.05 options expiring 31 August 2020
-- 800,000 GBP0.12 options expiring 11 January 2021
-- 6,550,000 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
-- 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, 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 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
IOELLFIEDVIALIT
(END) Dow Jones Newswires
July 19, 2018 11:30 ET (15:30 GMT)
Asiamet Resources (LSE:ARS)
Historical Stock Chart
From Apr 2024 to May 2024
Asiamet Resources (LSE:ARS)
Historical Stock Chart
From May 2023 to May 2024