Asian Mineral Resources advises shareholders with regards to the proposed acquisition of Kasbah Resources that the Federal Court of Australia has today dismissed Kasbah's application for approval of the Scheme. AMR will continue to consider its options until it can provide a further update. Further information on the Scheme can be found either at the Kasbah website or the Australian Securities and Investment Commission [...]
Asian Mineral Resources advises shareholders with regards to the proposed acquisition of Kasbah Resources that, after the Scheme meeting held on November 23, 2016, Kasbah received on December 5, 2016 a copy of a third party expert's analysis of the valuation methodology applied by Kasbah's independent expert, BDO Corporate Finance (WA) Pty Ltd, in their independent expert's report included in the Scheme Booklet in [...]
Asian Mineral Resources advises shareholders with regards to the proposed acquisition of Kasbah Resources that the Federal Court of Australia has adjourned the Second Court Hearing Date from 10:15 am on Tuesday, 6 December 2016 to 10:15 am on Monday, 12 December 2016 following objections raised by a small number of Kasbah shareholders in relation to the Scheme. Further information on the Scheme can be found either at the [...]
Asian Mineral Resources is pleased to announce that as part of its proposed acquisition of Kasbah Resources, Kasbah shareholders yesterday approved the scheme of arrangement in respect of the Kasbah Acquisition by 92.03% of Kasbah shareholders voting for the Scheme (a detailed report of the votes cast in respect to the resolution approving the Scheme is available on the Kasbah website at www.kasbahresources.com). Although [...]
Asian Mineral Resources is pleased to announce that as part of its proposed acquisition of Kasbah Resources, the Federal Court of Australia has today approved the Scheme Booklet for distribution to Kasbah shareholders and ordered that Kasbah convene the Scheme Meeting. AMR previously announced the Proposed Kasbah Acquisition by press release on August 10, 2016. SCHEME MEETING AND SCHEME BOOKLET The Scheme Meeting will be [...]
Asian Mineral Resources announces that it has today filed restated unaudited consolidated interim financial statements for the second quarter ended June 30, 2016, together with a corresponding restated management's discussion and analysis, both of which are available on SEDAR under the Company's profile. As part of the review of the Company's historical financial statements conducted by KPMG LLP, the Company's auditors [...]
Kasbah Resources and Asian Mineral Resources are pleased to announce that they have entered into a Scheme Implementation Agreement pursuant to which AMR will, if implemented, acquire all of the ordinary outstanding shares of Kasbah by way of a scheme of arrangement under the Australian Corporations Act (the "Transaction"). The Board of KAS has unanimously recommended that all Kasbah shareholders vote in favour of the [...]
Financial and Operating Results for Year Ended December 31, 2015 TORONTO, ONTARIO--(Marketwired - May 3, 2016) - Asian Mineral Resources Ltd. ("AMR" or the "Company") (TSX VENTURE:ASN) is pleased to provide a financial and operational update for the full year ended December 31, 2015 ("FY2015"). OPERATIONAL HIGHLIGHTS Production increased: 18% above target milled production of 447,746 tonnes (379,600 tonnes FY 2015 [...]
TORONTO, ONTARIO--(Marketwired - Mar 2, 2016) - Asian Mineral Resources Ltd. ("AMR" or the "Company") (TSX VENTURE:ASN) is pleased to provide an operational update for the fourth quarter of 2015 ("Q4"). HIGHLIGHTS Above-guidance Q4 production(1): 2,382 tonnes of nickel milled production; 1,005 tonnes of copper milled production; and 29,873 tonnes dry concentrate sold. Mill recoveries exceed targets at 88.1% nickel and [...]
TORONTO, ONTARIO--(Marketwired - Jan. 2, 2016) - Asian Mineral Resources Ltd. ("AMR" or the "Company") (TSX VENTURE:ASN) is pleased to announce that all resolutions presented before the Company's shareholders at the Annual & Special Meeting held December 31, 2015, including board membership, appointment of auditors and approval of the continuance of the Company's stock option plan were passed. Elected as directors of the [...]
TORONTO, ONTARIO--(Marketwired - Oct 28, 2015) - Asian Mineral Resources Ltd. ("AMR" or the "Company") (TSX VENTURE:ASN) is pleased to provide an operational update for the third quarter of 2015 ("Q3"). HIGHLIGHTS Above-guidance Q3 production(1): 2,629 tonnes of nickel milled production; 1,109 tonnes of copper milled production; and 14,050 tonnes dry concentrate sold. Mill recoveries exceed targets at 87.7% nickel and [...]
TORONTO, ONTARIO--(Marketwired - Oct 2, 2015) - Asian Mineral Resources Ltd. ("AMR" or the "Company") (TSX VENTURE:ASN) announces that it has entered into share compensation agreements (the "Compensation Agreements") with each of Evan Spencer, its CEO, and Sean Duffy, its CFO, to receive payment of each officer's 2015 annual performance bonus in the form of common shares of AMR ("Shares") in lieu of cash payment. The [...]