Business
Asiamet Provides Company Update
Asiamet Provides Company Update.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n Asiamet Provides Company UpdateVANCOUVER, British Columbia, March 24, 2016 (GLOBE NEWSWIRE) -- Asiamet Resources Limited (\"Asiamet\" or the \"Company\") notes the increase in share price and trading volumes over the past 10 trading days.The Company can confirm that it remains on track to release the findings of a Preliminary Economic Assessment (\"PEA\") on the Beruang Kanan Main (\"BKM\") deposit located within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia, on or close to the end of the first quarter 2016 as previously advised.Asiamet can also advise that it is continuing to progress the conversion of its Exploration licences to Production licences for both the Beutong and Jelai projects with the Government of Indonesia, and in the normal course of business remains in discussions with various parties in respect of the Company's project portfolio.Further announcements in respect of these matters will be made as and when appropriate.ON BEHALF OF THE BOARD OF DIRECTORSTony Manini, Deputy Chairman and CEOFor further information please contact:Tony ManiniDeputy Chairman and CEO, Asiamet Resources LimitedTelephone: +61 3 8644 1300Email: [email protected] LimitedSasha Sethi/ Mehrdad YousefiTelephone: +44 (0) 7704 974784Email: [email protected] / [email protected] Resources Nominated AdviserRFC Ambrian LimitedAndrew Thomson / Oliver MorseTelephone: +61 8 9480 2500Email: [email protected] / [email protected] 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 news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized 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 ...