Asiamet Res Regulatory News (ARS)

For Immediate Release London AIM

1 June 2018 Symbol: ARS

Asiamet Director Appointment

Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce the appointment of Mr Dominic Heaton as a Non-Executive Director to the Board effective from 26 June 2018. Mr Heaton is a highly experienced mineral processing engineer with an extensive background in feasibility studies, project construction, plant commissioning and mine operations throughout South-east Asia. For seven years as the CEO of Masan Resources he led the development and operations of the Nui Phao tungsten - polymetallic project in Vietnam, prior to which he was closely involved in the development and operation of the 60,000tpa Sepon leach SX-EW copper project in Laos and development of the large Martabe Gold Mine in Indonesia.

Tony Manini, Executive Chairman commented:

"On behalf of the Company we welcome Dominic to the Asiamet Board and look forward to benefiting from his deep experience leading the transition of projects through development to operations in the Asian region. As the Company transitions from explorer to developer and ultimately a producer, we will continue to evolve our board and management team to best position for success in the next phase of our growth. In this respect, Dominic is the first of several new appointments to be made over the coming weeks and months."

The Company provides the following additional disclosure as at 1 June 2018 relating to the appointment of Mr Dominic Heaton as director of Asiamet, effective 26 June 2018:

Mr Dominic John Heaton, aged 51, currently holds or has held the following directorships and partnerships over the last five years:

Mr. Heaton has no interests in securities of Asiamet at the date of this announcement.

Except as disclosed in this announcement, neither the Company nor Mr. Heaton are aware of any further disclosures that are required in respect of the appointment of Mr. Dominic Heaton under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

The Company also advises that Notice of Meeting and Form of Proxy for its Annual General Meeting (see announcement dated 25 May 2018) has been sent to shareholders on record as at 25 May 2018.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Chairman

-Ends-

For further information, please contact:

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 

LiberumNeil Elliot, Clayton Bush, Kane Collings

Telephone: +44 7773 322679

Email: Neil.Elliot@Liberum.com

Optiva Securities LimitedChristian Dennis

Telephone: +44 20 3137 1903

Email: Christian.Dennis@optivasecurities.com