9th Oct 2017 12:26
Asiamet Resources Ltd. (ARS) Asiamet Resources Ltd.: Grant of Options 09-Oct-2017 / 12:25 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
For Immediate Release London AIM
9 October 2017 Symbol: ARS
Asiamet Resources Grant of Options
Asiamet Resources Limited ("ARS" or the "Company") announces that pursuant to the Company's shareholder approved Stock Option Plan, the Company's Board of Directors granted 1,300,000 Incentive Stock Options ("Options") to non-executive Directors, 10,150,000 Options to employees and 2,250,000 Options to key consultants, for a total of 13,700,000 Options. The Options are exercisable into common shares of ARS until 5 October 2022, at an exercise price of £0.07 per share, which represents a significant premium of 35.1% to the closing market price on 6 October 2017. Directors will not receive fees for the 2017 Calendar year. The share holdings and warrant holdings of the Directors in the Company remain unchanged, while the number of Options granted to the Directors subject to these arrangements and their resultant Options holding in the Company are as follows:
300,000 options with an exercise price of C$0.10 and expiring July 1, 2018, 300,000 options with an exercise price of C$0.05 and expiring October 6, 2019, 400,000 options with an exercise price of C$0.05 and expiring August 6, 2020, and 500,000 options with an exercise price of C$0.065 and expiring November 1, 2021 3,000,000 options with an exercise price of C$0.05 and expiring August 6, 2020 and 3,750,000 options with an exercise price of C$0.065 and expiring November 1, 2021 2,000,000 options vesting February 20, 2018 at an exercise price of 6p per share and expiring, 2,000,000 options vesting February 20, 2018 at an exercise price of 8p per share and expiring, 2,000,000 options vesting February 20, 2019 at an exercise price of 10p per share and expiring, and 2,000,000 options vesting February 20, 2019 at an exercise price of 12p per share and expiring February 20, 2022 500,000 options with an exercise price of C$0.10 and expiring July 1, 2018, 400,000 options with an exercise price of C$0.05 and expiring October 6, 2019, 300,000 options with an exercise price of C$0.05 and expiring August 6, 2020, and 400,000 options with an exercise price of C$0.065 and expiring November 1, 2021 300,000 options with an exercise price of C$0.05 and expiring October 6, 2019, 300,000 options with an exercise price of C$0.05 and expiring August 6, 2020, and 400,000 options with an exercise price of C$0.065 and expiring November 1, 2021 1,000,000 options with an exercise price of C$0.05 and expiring October 6, 2019, 2,000,000 options with an exercise price of C$0.05 and expiring August 6, 2020, and 2,500,000 options with an exercise price of C$0.065 and expiring November 1, 2021
ARS now has the following shares, options and warrants on issue: 854,889,186 fully paid ordinary shares 1,874,364 C$0.05 warrants expiring 5 November 2017 2,147,581 C$0.06 warrants expiring 26 April 2018 4,282,200 C$0.10 options expiring 1 July 2018 3,475,652 C$0.05 warrants expiring December 23, 2018 3,533,747 C$0.10 warrants expiring 13 April 2019 3,050,000 C$0.05 options expiring 6 October 2019 9,250,000 C$0.05 options expiring 31 August 2020 10,500,000 C$0.065 options expiring 1 November 2021 2,000,000 £0.06 options expiring 20 February 2022 2,000,000 £0.08 options expiring 20 February 2022 2,000,000 £0.10 options expiring 20 February 2022 2,000,000 £0.12 options expiring 20 February 2022 13,700,000 £0.07 options expiring 5 October 2022
ON BEHALF OF THE BOARD OF DIRECTORS Peter Bird, Deputy Chairman and CEO -Ends- For further information, please contact: Peter BirdDeputy Chairman and CEO, Asiamet Resources LimitedTelephone: +61 3 8644 1300Email: peter.bird@asiametresources.com
Tony ManiniExecutive Chairman, Asiamet Resources LimitedTelephone: +61 3 8644 1300Email: tony.manini@asiametresources.com
FlowComms Limited Sasha Sethi Telephone: +44 (0) 7891 677 441 Email: [email protected] Asiamet Resources Nominated AdviserRFC Ambrian Limited Andrew Thomson / Stephen Allen Telephone: +61 8 9480 2500 Email: [email protected] / [email protected]
Optiva Securities LimitedChristian Dennis Telephone: +44 20 3137 1903 Email: [email protected] |
| ISIN: | BM04521V1038 |
| Category Code: | MSCM |
| TIDM: | ARS |
| LEI Code: | 213800PWJMT1NG28TA88 |
| Sequence No.: | 4714 |
| End of Announcement | EQS News Service |
616963 09-Oct-2017
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
Related Shares:
Asiamet Res