TORONTO, ONTARIO -- (Marketwire) -- 06/29/12 -- Asian Mineral Resources Limited ("AMR") (TSX VENTURE: ASN) and Melior Resources Inc. ("Melior") (TSX VENTURE: MLR) announced today that they have completed the previously announced strategic investment by Melior in AMR whereby Melior purchased 50,000,000 common shares of AMR (the "AMR Shares") at CDN$0.11 per AMR Share for total consideration of CDN$5,500,000 (the [...]
TORONTO, June 25, 2012 /CNW/ - Asian Mineral Resources Limited ("AMR") (TSX-V: ASN) and Melior Resources Inc. ("Melior") (TSX-V: MLR) announced today that they have agreed to a strategic investment whereby Melior will provide equity funding of CDN$5,500,000 to AMR (the "Strategic Investment"). The cash from the Strategic Investment will be used by AMR to fund capital expenditure to bring the Ban Phuc Nickel Project into [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/01/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced on May 25, 2012, the closing of the private placement to Pala Investments Holdings Limited ("Pala") previously announced on March 1, 2012 and April 4, 2012.
Under the private placement, AMR issued to Pala 108,333,333 units at Cdn $0.06 per unit for aggregate proceeds of Cdn [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/25/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced today that shareholders entitled to vote have approved by the required majority the creation of a new "control person", which is a pre-condition of the Corporation's ability to complete the private placement to Pala Investments Holdings Limited ("Pala") previously announced on March [...]
Norilsk Nickel International Holdings Ltd, subsidiary of OJSC "MMC "NORILSK NICKEL", reminds holders of Asian Mineral Resources that it announced the intention to make an all-cash take-over bid to acquire all of the outstanding common shares of AMR at a price of C$0.11 per Share. Despite comments of AMR issued today, this Offer will, as previously communicated, be subject only to typical offer conditions and a condition [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/24/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) today responds to the announcement by OJSC "MMC NORILSK NICKEL" ("Norilsk") made on May 23, 2012, of Norilsk's intention to make an all-cash take-over bid for all of the shares of AMR.
AMR's directors considered a written invitation from Norilsk to enter into negotiations which was delivered [...]
OJSC "MMC NORILSK NICKEL" today announced that it intends, acting through a subsidiary, to make an all-cash take-over bid to acquire all of the outstanding common shares of Asian Mineral Resources at a price of C$0.11 per Share. Norilsk Nickel will request shareholder lists from AMR promptly and mail the Take-over Bid circular to shareholders of AMR as quickly as possible.
TORONTO, ONTARIO -- (Marketwire) -- 05/02/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) is pleased to announce that Mr. Jan Castro has been appointed as Non-Executive Chairman of the Board to replace Mr. Bill Howell, who will continue as a Non-Executive Director of the Corporation.
TORONTO, ONTARIO -- (Marketwire) -- 04/18/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) is pleased to announce that Pala Investments Holdings Limited ("Pala") has delivered a closing notice under the subscription agreement, dated March 1, 2012, as amended on April 3, 2012 (the "Subscription Agreement"), on its intention to proceed with the purchase of 108,333,333 units of AMR, as [...]
TORONTO, ONTARIO -- (Marketwire) -- 04/04/12 -- Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced today that the Subscription Agreement it entered into with Pala Investments Holdings Limited ("Pala") as previously announced on March 1, 2012 has been amended to provide that:
TORONTO, ONTARIO -- (Marketwire) -- 03/05/12 -- Asian Mineral Resources Limited ('AMR' or the 'Corporation') (TSX VENTURE: ASN) announced today that Mr. Chris Castle has been appointed as Interim President and CEO to replace Lai Fook Hoy who has resigned as Interim President and CEO and as a director of the Corporation, and that Mr. Bill Howell has been appointed as non-executive Chairman to replace Choo Mun Keong who
TORONTO, ONTARIO -- (Marketwire) -- 03/01/12 -- Asian Mineral Resources Limited ('AMR' or the 'Corporation') (TSX VENTURE: ASN) announced today that it has entered into a subscription agreement (the 'Subscription Agreement') with Pala Investments Holdings Limited ('Pala') whereby Pala will, subject to the satisfaction of certain conditions precedent, purchase 71,666,667 units ('Units') for total consideration of