LONDON (Alliance News) - Asiamet Resources Ltd on Monday said it raised CAD50,000, or GBP28,652, after Mansur Geiger, a person discharging managerial responsibilities, exercised share options.
Geiger exercised options over 1.0 million shares at CAD0.05 per option.
Asiamet shares were trading up 6.2% at 7.32 pence each on Monday around midday.
The new shares are expected to start trading on AIM on Wednesday, after which the company will have 1.00 billion shares in issue.
After the transaction, Geiger now holds 4.6 million shares, or 0.46%, or the company's capital.
Asiamet Res (ARS)