Last checked at 11 May 2021 11:45
11 May 2021
Non-Executive Director Appointment
Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce the appointment of Eva Armila Djauhari as a Non-Executive Director of the Company with effect from 5 May 2021.
Eva is a prominent Indonesian lawyer with extensive mining related experience in both the private and public sectors. She is the founding partner of Armila and Rako Law specializing in investments, merger and acquisitions, project financing, restructuring and distressed asset management, compliance, and general corporate matters. As one of the few mining law practitioners in Indonesia, Eva has worked extensively with key mining related Associations and Institutes advising the Government of Indonesia on various mining law and policy matters, and the promotion of foreign investment. In 2018 she was appointed by the Government (Director General of Minerals and Coal) to join the National Mining Policy Formulation Team (Tim Formulasi Kebijakan Tambang) preparing Indonesian mining policy.
Eva has a Bachelor of Law from Padjadaran University (Indonesia), a Master of Law from Queensland University (Australia) and an MBA from Queensland University of Technology (Australia).
Tony Manini, Executive Chairman of Asiamet Resources commented
"Asiamet is very pleased to welcome Eva as a Director of the Company. Eva's background, experience and skills are highly complementary to those of the current directors and particularly relevant to the Company as we move into the final stages of permitting and project financing for the BKM copper project. Eva's extensive experience in Aceh will also be highly beneficial to the Board as we continue to advance our large Beutong copper-gold project. We look forward to working with Eva as we continue to transition the Company from explorer to developer and operator."
Further information relating to the director appointment:
Ms Eva Armila Djauhari (aged 44), has confirmed that, other than the information disclosed below there are no matters to be disclosed under Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules.
Current directorships and partnerships | Past directorships and partnerships held in the last five years |
Armila & Rako Law Firm | Moreton Resources Ltd |
PT Katingan Ria | PT Teknix Capital1 |
PT Rencong Pulp Paper & Industry |
|
PT Sinenergy Tangguh Alam Raya |
|
PT Gree Energy Makmur |
|
1. PT Teknix Capital went into voluntary liquidation in April 2013. The Company was dissolved by its shareholders after it achieved its set purpose and objective. The liquidation process was managed by Eva Armila Djauhari as a Director of the Company.
Ms Djauhari does not have a shareholding in the Company.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
For further information, please contact:-Ends-
Tony ManiniExecutive Chairman, Asiamet Resources LimitedEmail: tony.manini@asiametresources.com
Investor Enquiries
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com / info@asiametresources.com
Asiamet Resources Nominated AdviserRFC Ambrian Limited
Bhavesh Patel / Stephen Allen
Telephone: +44 (0)20 3440 6800
Email: Bhavesh.Patel@rfcambrian.com / Stephen.Allen@rfcambrian.com
Optiva Securities LimitedChristian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Blytheweigh Communications Limited
Tim Blythe/Megan Ray
Telephone: +44 (0)20 7138 3204
Email: Tim.Blythe@blytheweigh.com / Megan.Ray@blytheweigh.com
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FORWARD-LOOKING STATEMENT
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").