Asiamet Resources Limited Corporate Update -- KSK Sale Process (3810I)
2020年12月11日 - 8:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 3810I
Asiamet Resources Limited
11 December 2020
11 December 2020
Corporate Update - KSK Sale Process
Asiamet Resources Limited ("Asiamet or the "Company") provides
the following update with respect to the sale process for the KSK
Contract of Work.
Following the announcement on 8 October, 2020 that the Company
had entered into a non-binding Heads of Agreement with PT Wasesa
Indo Nusa ("PT WIN") to acquire the Company's wholly owned
subsidiary Indokal Limited ("Indokal"), the Company wishes to
advise that diligence for the various parts of the transaction is
now in the final stages and nearing completion. This includes key
elements such as the proposed IPO of PT WIN on the Indonesian Stock
Exchange, as well as the binding Sale and Purchase Agreement
("SPA") documentation.
Both parties remain committed to the deal and continue to work
closely together to complete binding documentation. The estimated
timeline in the market release on 8 October 2020 for completion of
the SPA has unfortunately been impacted by COVID-19 as various key
consultants and legal advisors assisting the Company in Indonesia
contracted the virus and have had to seek medical treatment, been
hospitalised and/or have had to isolate or tend to family members
who have contracted COVID-19.
Whilst a great deal of the work relating to the SPA
documentation has been completed and both parties continue to be
actively engaged in the finalisation of binding SPA documentation,
the health and wellbeing of our staff, consultants and advisors and
their families is of the highest priority.
We anticipate completion to occur prior to the Christmas/New
Year period.
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
Investor Enquiries
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com / info@asiametresources.com
Blytheweigh Communications Limited
Tim Blythe/Megan Ray
Telephone: +44 (0)20 7138 3204
Email: Tim.Blythe@blytheweigh.com /
Megan.Ray@blytheweigh.com
Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Bhavesh Patel / Stephen Allen
Telephone: +44 (0)20 3440 6800
Email: Bhavesh.Patel@rfcambrian.com / Stephen.Allen@rfcambrian.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Follow us on twitter @AsiametTweets
FORWARD-LOOKING STATEMENT
This news release contains forward-looking statements that are
based on the Company's current expectations and estimates.
Forward-looking statements are frequently characterised 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 results implied or expressed in such
forward-looking statements. Such factors include, among others: the
actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans
continue to be refined; possible variations in ore grade or
recovery rates; accidents, labour disputes and other risks of the
mining industry; delays in obtaining governmental approvals or
financing; and fluctuations in metal prices. There may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement
speaks only as of the date on which it is made and, except as may
be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on
such statements due to the inherent uncertainty therein.
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
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END
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December 11, 2020 06:00 ET (11:00 GMT)
Asiamet Resources (LSE:ARS)
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から 6 2024 まで 7 2024
Asiamet Resources (LSE:ARS)
過去 株価チャート
から 7 2023 まで 7 2024