15th Nov 2023 14:04
Asiamet Resources Ltd - focused on copper, gold and polymetallic assets in Indonesia - Notes USD4 million non-brokered private placement to PT Delta Dunia Makmur Tbk through the issue of 366.9 million new shares at an issue price of 0.9 pence per share. This includes Asiamet Chief Executive Officer Darryn McClelland subscribing for 4.0 million new shares on the same terms. Net proceeds of the placement and subscription will be used to advance the Beruang Kanan Main copper project in central Kalimantan, Indonesia. Following the completion of the placement, PT Delta Dunia Makmur will have around a 35% stake in Asiamet. Read More