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Asiamet Shareholder Meeting Approves all Resolutions

SGC, KMGLF

For Immediate Release TSX Venture Exchange

 

1 July, 2016 and AIM

Vancouver, British Columbia Symbol: "ARS"

Asiamet Shareholder Meeting Approves all Resolutions

Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce that its shareholders voted in favour of all resolutions brought before them at the Company's Annual General and Special Meeting of Shareholders held June 30, 2016 (the "AGM") in Vancouver.

All existing directors Peter Pollard, Tony Manini, Faldi Ismail, Stephen Hughes and Raynard von Hahn were re-elected as directors of the Company.  The size of the board is set at six with one casual vacancy to be filled by the Board of Directors when it determines appropriate.  The shareholders approved that the non-management members of the Board of Directors of the Company be paid an annual fee of US$12,000, and that the Board of Directors are authorized to fix the commencement date of that fee.

Also at the AGM, Ernst & Young LLP were appointed as the Company's auditors for the 2016 fiscal year, and the stock option plan was renewed.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Deputy Chairman and CEO

For further information please contact:

-Ends-

Tony Manini
Deputy Chairman and CEO, Asiamet Resources Limited
Telephone: +61 3 8644 1300
Email: tony.manini@asiametresources.com

FlowComms Limited
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com / Mehrdad@flowcomms.com


Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Andrew Thomson / Oliver Morse
Telephone: +61 8 9480 2500
Email: Andrew.Thomson@rfcambrian.com / Oliver.Morse@rfcambrian.com

VSA Capital Limited
Andrew Raca / Justin McKeegan
Telephone: +44 20 3005 5004 / +44 20 3005 5009
Email: araca@vsacapital.com

Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Asiamet Resources Limited via Globenewswire

HUG#2024609


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