Asian Mineral Resources Limited

Published : September 11th, 2009

Payment of Directors Fees in Shares

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Keywords :   Copper | Nickel | Vietnam |

 
 
Asian Mineral Resources Limited
TSX VENTURE: ASN
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September 11, 2009
Asian Mineral Resources: Payment of Directors Fees in Shares
TORONTO, ONTARIO--(Marketwire - Sept. 11, 2009) - Asian Mineral Resources Limited (the "Company") (TSX VENTURE:ASN) announced today that it has issued 835,636 common shares at $0.11 a share in settlement of $91,920 of unpaid directors' fees accrued as at June 30, 2009. "We are pleased to have obtained TSX-V approval for this share issue as part of our ongoing efforts to conserve cash" commented Jim Askew, the Chairman of the Corporation. "In the meantime, we are continuing, as previously announced, to pursue all potential ways in which the Ban Phuc project could be restarted."

Company Profile:

Asian Mineral Resources Limited is developing the Ban Phuc Nickel/Copper Project in Vietnam 5 hours drive north-west of Hanoi in which it has a 90% interest.

For further details on the Company and the Project, please refer to the website at www.asianminres.com or contact:

Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Asian Mineral Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Asian Mineral Resources Limited's expectations are disclosed under the heading "Risk Factors" and elsewhere in Asian Mineral Resources Limited documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Asian Mineral Resources Limited
Paula Kember
CFO
416 360 3412
Fax: 416 367 1954
info@asianminres.com

or

Asian Mineral Resources Limited
Rob Guest
CEO
+84 4 3773 7997
Fax: +84 4 3773 7996
info@asianminres.com

INDUSTRY: Manufacturing and Production - Mining and Metals


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Data and Statistics for these countries : Vietnam | All
Gold and Silver Prices for these countries : Vietnam | All

Asian Mineral Resources Limited

EXPLORATION STAGE
CODE : ASN.V
ISIN : CA0451731016
CUSIP : 045173101
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Asian Mineral Res. is a nickel and copper development stage company based in Canada.

Its main exploration property is BANPHUC in Vietnam.

Asian Mineral Res. is listed in Canada. Its market capitalisation is CA$ 236.7 millions as of today (US$ 178.9 millions, € 151.9 millions).

Its stock quote reached its highest recent level on June 22, 2007 at CA$ 3.00, and its lowest recent point on September 06, 2018 at CA$ 0.01.

Asian Mineral Res. has 788 920 000 shares outstanding.

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Annual reports of Asian Mineral Resources Limited
2007 Annual Report
Financings of Asian Mineral Resources Limited
3/28/2013Successful Closing of $12,500,000 Rights Offering
2/15/2013Files Final Rights Offering Prospectus
10/11/2012Announces Private Placement With Pala Investments and Lion
1/7/2010Completion of Private Placement
12/1/2009Private Placement & Board Appointment
7/2/2009Completes Private Placement
6/15/2009Confirms Private Placement
5/29/2009Announces Proposed Private Placement
4/28/2008-Malaysia Smelting Corporation Exercises Warrants
Nominations of Asian Mineral Resources Limited
10/24/2013Share Compensation Agreements and Payment of Directors' Fees...
6/24/2013Announces Appointment of Chief Financial Officer
10/2/2012Announces Appointment of Chief Executive Officer
Project news of Asian Mineral Resources Limited
10/16/2009(Banphuc)Identifies Elevated PGE's Within the Ban Phuc Deposit and at
7/22/2008(Banphuc)Outlines Export Tariff Increase Impact on Ban Phuc Nickel Pr...
Corporate news of Asian Mineral Resources Limited
10/2/2015Asian Mineral Resources Issuance of Shares and Grant of Opti...
9/30/2015Asian Mineral Resources Repays US$14.7m in Debt; Enters Brid...
8/18/2015Asian Mineral Resources' Operational Excellence Delivers Low...
7/20/2015Asian Mineral Resources Surpasses Production and Sales Targe...
1/26/2015Asian Mineral Resources Issuance of Shares
1/26/2015Asian Mineral Resources Provides Q4 2014 Operational Update
12/19/2014Asian Mineral Resources Announces New Chairman
12/2/2014Asian Mineral Resources Appoints Non-Executive Director
11/20/2014Asian Mineral Resources Appoints New General Manager Operati...
11/5/2014Asian Mineral Resources Issuance of Shares and Grant of Opti...
10/8/2014Asian Mineral Resources Results of Annual & Special Meeting
7/15/2014Asian Mineral Resources Awarded Exploration License and Comm...
7/10/2014Asian Mineral Resources Issuance of Shares
6/30/2014Asian Mineral Resources Announces Board Changes
6/19/2014Asian Mineral Resources Announces New Website
5/22/2014Asian Mineral Resources Announces New Corporate Presentation
4/23/2014Asian Mineral Resources Announces Appointment of Chief Finan...
4/10/2014Asian Mineral Resources Issuance of Shares
10/7/2013Issuance of Shares
8/23/2013Grants of Stock Options
7/24/2013Announces Closing of its Project Debt with LienViet Post Ban...
7/11/2013Announces Results of Annual & Special Meeting
7/2/2013Share Compensation Agreements
6/6/2013Announces Project Financing Proposal With Lien Viet Post Ban...
2/5/2013Announces $12,500,000 Rights Offering, Re-Filing of Interim ...
1/10/2013Welcomes Favourable Export Tariff for Nickel Matte
1/4/2013Receives Extension of Permission to Export Nickel Concentrat...
9/11/2009Payment of Directors Fees in Shares
5/19/2009Adjustment to Export Restrictions for Ban Phuc
11/3/2008Revised Corporate Strategy
10/1/2008Typhoon 'Hagupit' Impact on the Ban Phuc Project
9/26/2008Ban Phuc Project Suspension
9/4/2008Ban Phuc Project Development Progress Update
7/14/2008Closes Financing
6/12/2008Comments on Increase in Tariff on Nickel Exports
5/15/2008New Chief Executive Officer
5/5/2008-Jinchuan Offtake and Subscription Agreements
4/8/2008 Grants Share Options
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TSX-V (ASN.V)
0.300+7.14%
TSX-V
CA$ 0.300
09/08 16:35 0.020
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