Asiamet Resources Limited (“Asiamet or the “Company”) has today become aware of press coverage involving its major shareholder Aeturnum Energy PTE Limited, a Singapore based commodities trading company.
The Company wishes to advise shareholders that Asiamet is in a sound financial position and continues to operate on a business as usual basis. Our in-country team remains fully engaged in various permitting and value enhancement activities that continue to advance the BKM copper project towards development.
Negotiations with Aeturnum in relation to a majority position in the KSK Contract of Work located in Central Kalimantan, Indonesia are making good progress with both parties remaining fully engaged and committed to a successful outcome that benefits all stakeholders.
Asiamet looks forward to continuing to keep stakeholders up to date on all aspects of its business activities as it advances the BKM copper project towards development into a rising copper market.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
For further information, please contact:
-Ends-
Tony Manini
Executive Chairman, Asiamet Resources Limited
Email: tony.manini@ asiametresources .com
