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Pin to quick picksAsiamet Res Share News (ARS)

Share Price Information for Asiamet Res (ARS)

London Stock Exchange
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Share Price: 1.125
Bid: 1.10
Ask: 1.15
Change: 0.10 (9.76%)
Spread: 0.05 (4.545%)
Open: 1.025
High: 1.125
Low: 1.025
Prev. Close: 1.025
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IN BRIEF: Asiamet Resources extends due diligence period with Delta

Fri, 28th Jan 2022 21:14

Asiamet Resources Ltd - White Rock, Canada-based exploration and development company - Extends due diligence period under heads of agreement with PT Delta Dunia Makmur Tbk, which would see Delta contribute USD50 million towards the development of the BKM copper project, in return for a 51% stake in Asiamet subsidiary Indokal Ltd.

Initially, an exclusivity period of 90 days was given to allow Delta to complete its due diligence. During this time, Asiamet has started discussions with several banks in relation to project financing.

Current stock price: 2.46 pence

12-month change: up 14%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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