Business
Exercise of Options and Warrants
Exercise of Options and Warrants.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n \nRNS Number : 2739T Asiamet Resources Limited 02 July 2018 \n\n \nFor Immediate Release London AIM\n \n2 July 2018 Symbol: ARS \n \n \nExercise of Options and Warrants\n \n \nAsiamet Resources Limited (\"ARS\" or the \"Company\") reports that it has received notification from option holders to exercise options over 3,750,000 new common shares in the share capital of the Company and has received notification from warrant holders to exercise warrants over 611,904 new common shares (combined total 4,361,904 new common shares) in the share capital of the Company (together the \"New Common Shares\"). The Company has today issued the New Common Shares to the option and warrant holders and has received C$304,690 and £70,000 as a result of the exercise of these options and warrants respectively at a weighted average price of approximately C$0.098 per option and C$0.10 per warrant.\nThe Company notes that included within the above, it has received notification from Faldi Ismail, a director of the Company, to exercise options over 500,000 new common shares and notification from Mansur Geiger, a PDMR, to exercise options over 800,000 new common shares. \nApplication has been made for the New Common Shares to be admitted to trading on AIM (\"Admission\"). It is expected that Admissi...