Asian Mineral Resources Ltd. is pleased to announce the appointment, subject to approval by the TSX Venture Exchange , of Mr. Alain P. Le Bis to the board of directors of the Company. Following nearly two decades as a geophysicist and exploration manager with British Petroleum , Mr. Le Bis has been an independent technical consultant to oil & gas companies throughout the world. He has worked both domestically and [...]
Asian Mineral Resources Ltd. is pleased to announce that the Company has closed the second tranche of its non-brokered financing, previously announced on July 16th. The Company issued 4,800,000 units at a price $0.075 per unit, for $360,000 in a transaction categorized as Shares for Debt. The debt relates to Subscription Advances made by investors as disclosed in a news release on October 11, 2018. Each unit will consist [...]
Asian Mineral Resources Ltd. is pleased to announce that the Company closed the first tranche of its non-brokered private placement, previously announced on July 16th. The Company issued 8,533,333 units at a price $0.075 per unit, for aggregate gross proceeds of up to $640,000. Each unit will consist of one common share of the Company, and one common share purchase warrant entitling the holder to acquire one common share [...]
Asian Mineral Resources Ltd. announces its intention to undertake a non-brokered private placement of up to 13,333,333 units at a price $0.075 per unit, for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share of the Company, and one common share purchase warrant entitling the holder to acquire one common share at a price of $0.10 per common share for 24 months following the closing [...]
Asian Mineral Resources Limited is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its Holt property located on Vancouver Island in British Columbia. The technical report entitled “Technical Report on the Holt Property, Victoria Mining Division, British Columbia, Canada” dated December 31, 2018, was prepared in accordance with National Instrument 43-101 &ndash [...]
Asian Mineral Resources Limited is pleased to announce the appointment, subject to approval by the TSX Venture Exchange , of Mr. Norm Yurik to the board of directors of the Company. Mr. Yurik is a CPA and former tax partner at Deloitte LLP. He led the Merger and Acquisition Group of Deloitte in British Columbia, responsible for tax planning and structure and client services. Mr Yurik is a director of Russell Breweries [...]
Asian Mineral Resources Limited announced today that it has issued 4,766,808 common shares at a price of $0.50 per share to extinguish $2,383,404 of liabilities pursuant to settlement agreements with certain of the Company’s creditors. Further details on each of the settlement agreements can be found in the Company’s press release disseminated on September 21, 2018. Separately, the Company has also entered [...]
Asian Mineral Resources Limited is pleased to announce today that it has entered into settlement agreements pursuant to which the Company has agreed to issue 4,766,808 common shares at a price of $0.50 per share to extinguish $2,383,404 of liabilities. Duncan Blount, Chief Executive of the Company, stated: “We are pleased to have concluded the settlement agreements, as the extinguishment of the outstanding [...]
Asian Mineral Resources Ltd. intends to consolidate its common shares on the basis of 200 pre-consolidation common shares for 1 post-consolidation common share . Management and the Board of Directors of the Company are of the view that the Share Consolidation is necessary to allow the Company to position itself to pursue potential new investment opportunities or other potential strategic options. The Company currently has [...]
TORONTO, July 17, 2018 -- Asian Mineral Resources Ltd. is pleased to announce that all resolutions presented before the Company’s shareholders at the Annual & Special Meeting held today, including board membership, appointment of auditors, approval of the continuance of the Company’s stock option plan, the sale of the Company’s 90% ownership interest in the Ban Phuc Nickel Mine and share consolidation [...]
TORONTO, July 09, 2018 -- Asian Mineral Resources Ltd. reminds shareholders of the Annual General and Special Meeting of Common Shareholders , which will be held on Tuesday, July 17, 2018 at 11:00 a.m. in the Toronto Boardroom at the office of Stikeman Elliott LLP, 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, Canada M5L 1B9. Shareholders are further reminded that voting proxies must be submitted to the [...]
TORONTO, May 14, 2018 -- Asian Mineral Resources Ltd. is pleased to announce that it has entered into an agreement to divest its 90% ownership interest in the Ban Phuc Nickel Mine in Vietnam to Ta Khoa Mining Limited, a company established by its longstanding in-country senior manager, Stephen Ennor. Completion of the Sale Agreement is subject to AMR shareholders’ approval and certain customary conditions of [...]
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