Last checked at 20 Oct 2017 09:02
Asiamet Resources Ltd. (ARS) Asiamet Resources Ltd.: Broker Warrants Exercised 20-Oct-2017 / 09:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. For Immediate Release London AIM
20 October 2017 Symbol: ARS
Asiamet Broker Warrants Exercised Asiamet Resources Limited ("ARS" or the "Company") reports that Optiva Securities Limited, holder of 1,874,364 broker warrants exercisable at C$0.05 until expiry on 5 November 2017 ("Broker Warrants"), delivered notice of exercise on 17 October 2017. The Company has received C$93,718.20 as a result of the exercise of the Broker Warrants. Application has been made for the 1,874,364 common shares in ARS to be issued pursuant to the exercise of the Broker Warrants ("Broker Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission to AIM will become effective and dealings in the Broker Shares will commence on or around 25 October 2017. The Broker Shares will rank pari passu in all respects with the existing common shares in the Company. Asiamet now has the following warrants on issue: 2,147,581 C$0.06 warrants expiring 26 April 2018 3,475,652 C$0.05 warrants expiring 23 December 2018 3,533,747 C$0.10 warrants expiring 13 April 2019
The total number of common shares outstanding after completion of the issue of the Broker Shares will increase from 854,889,186 to 856,763,550. 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. ON BEHALF OF THE BOARD OF DIRECTORS Peter Bird, Managing Director and CEO For further information, please contact: -Ends- Peter BirdDeputy Chairman and CEO, Asiamet Resources LimitedTelephone: +61 3 8644 1300Email: peter.bird@asiametresources.com
Tony ManiniExecutive Chairman, Asiamet Resources LimitedTelephone: +61 3 8644 1300Email: tony.manini@asiametresources.com
FlowComms Limited Sasha Sethi Telephone: +44 (0) 7891 677 441 Email: Sasha@flowcomms.com Asiamet Resources Nominated AdviserRFC Ambrian Limited Andrew Thomson / Stephen Allen Telephone: +61 8 9480 2500 Email: Andrew.Thomson@rfcambrian.com / Stephen.Allen@rfcambrian.com
Optiva Securities LimitedChristian Dennis Telephone: +44 20 3137 1903 Email: Christian.Dennis@optivasecurities.com
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| ISIN: | BM04521V1038 |
| Category Code: | MSCH |
| TIDM: | ARS |
| LEI Code: | 213800PWJMT1NG28TA88 |
| Sequence No.: | 4763 |
| End of Announcement | EQS News Service |
620779 20-Oct-2017
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.