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Asian Mineral Resources Limited

Publié le 28 avril 2008

-Malaysia Smelting Corporation Exercises Warrants

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Mots clés associés :   Copper | Nickel | Vietnam |

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Asian Mineral Resources Limited
TSX VENTURE:ASN
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April 28, 2008
Asian Mineral Resources Limited-Malaysia Smelting Corporation Exercises Warrants
TORONTO, ONTARIO--(Marketwire - April 28, 2008) - Asian Mineral Resources Limited ("AMR" or the "Company") (TSX VENTURE:ASN) announced today that Malaysia Smelting Corporation ("MSC"), having received required shareholder approval, intends to exercise its warrants to purchase 6,799,999 common shares of AMR at Cdn $2.10 a share issued in December 2007 when MSC made its initial $20 million investment in AMR common shares. Following such exercise, MSC will hold 19% of AMR's outstanding shares, being a total investment of $34.3 million. As previously disclosed, MSC will be entitled, for a period of two years, to increase its ownership level to not more than 19.9% and to participate in future equity offerings in order to maintain such ownership position.

"We are delighted that MSC's shareholders have demonstrated their support for AMR and our Ban Phuc Project by approving this further investment," commented Jim Askew, Chairman of the Board. "The proceeds will be used for Ban Phuc Project development and other budgeted expenditures."

Company Profile:

Asian Mineral Resources Limited is developing the Ban Phuc Nickel/Copper Project in north-western Vietnam in which it has a 90% interest. The Project is scheduled for commercial concentrate production in the first half of 2009.

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

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
Jim Askew
Chairman
(416) 360-3412
Fax: (416) 367-1954
Email: info@asianminres.com

or

Asian Mineral Resources Limited
Robert Thomson
President & CEO
+84 4 943 3462
Fax: +84 4 943 3460
Website: www.asianminres.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Asian Mineral Resources Limited

EXPLORATEUR
CODE : ASN.V
ISIN : CA0451731016
CUSIP : 045173101
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Asian Mineral Res. est une société développant des projet miniers de nickel et de cuivre basée au Canada.

Son principal projet en exploration est BANPHUC au Viet Nam.

Asian Mineral Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 236,7 millions CA$ (178,9 millions US$, 151,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 22 juin 2007 à 3,00 CA$, et son plus bas niveau récent le 06 septembre 2018 à 0,01 CA$.

Asian Mineral Res. possède 788 920 000 actions en circulation.

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Rapports annuels de Asian Mineral Resources Limited
2007 Annual Report
Financements de Asian Mineral Resources Limited
28/03/2013Successful Closing of $12,500,000 Rights Offering
15/02/2013Files Final Rights Offering Prospectus
11/10/2012Announces Private Placement With Pala Investments and Lion
07/01/2010Completion of Private Placement
01/12/2009Private Placement & Board Appointment
02/07/2009Completes Private Placement
15/06/2009Confirms Private Placement
29/05/2009Announces Proposed Private Placement
28/04/2008-Malaysia Smelting Corporation Exercises Warrants
Nominations de Asian Mineral Resources Limited
24/10/2013Share Compensation Agreements and Payment of Directors' Fees...
24/06/2013Announces Appointment of Chief Financial Officer
02/10/2012Announces Appointment of Chief Executive Officer
Projets de Asian Mineral Resources Limited
16/10/2009(Banphuc)Identifies Elevated PGE's Within the Ban Phuc Deposit and at
22/07/2008(Banphuc)Outlines Export Tariff Increase Impact on Ban Phuc Nickel Pr...
Communiqués de Presse de Asian Mineral Resources Limited
02/10/2015Asian Mineral Resources Issuance of Shares and Grant of Opti...
30/09/2015Asian Mineral Resources Repays US$14.7m in Debt; Enters Brid...
18/08/2015Asian Mineral Resources' Operational Excellence Delivers Low...
20/07/2015Asian Mineral Resources Surpasses Production and Sales Targe...
26/01/2015Asian Mineral Resources Issuance of Shares
26/01/2015Asian Mineral Resources Provides Q4 2014 Operational Update
19/12/2014Asian Mineral Resources Announces New Chairman
02/12/2014Asian Mineral Resources Appoints Non-Executive Director
20/11/2014Asian Mineral Resources Appoints New General Manager Operati...
05/11/2014Asian Mineral Resources Issuance of Shares and Grant of Opti...
08/10/2014Asian Mineral Resources Results of Annual & Special Meeting
15/07/2014Asian Mineral Resources Awarded Exploration License and Comm...
10/07/2014Asian Mineral Resources Issuance of Shares
30/06/2014Asian Mineral Resources Announces Board Changes
19/06/2014Asian Mineral Resources Announces New Website
22/05/2014Asian Mineral Resources Announces New Corporate Presentation
23/04/2014Asian Mineral Resources Announces Appointment of Chief Finan...
10/04/2014Asian Mineral Resources Issuance of Shares
07/10/2013Issuance of Shares
23/08/2013Grants of Stock Options
24/07/2013Announces Closing of its Project Debt with LienViet Post Ban...
11/07/2013Announces Results of Annual & Special Meeting
02/07/2013Share Compensation Agreements
06/06/2013Announces Project Financing Proposal With Lien Viet Post Ban...
05/02/2013Announces $12,500,000 Rights Offering, Re-Filing of Interim ...
10/01/2013Welcomes Favourable Export Tariff for Nickel Matte
04/01/2013Receives Extension of Permission to Export Nickel Concentrat...
11/09/2009Payment of Directors Fees in Shares
19/05/2009Adjustment to Export Restrictions for Ban Phuc
03/11/2008Revised Corporate Strategy
01/10/2008Typhoon 'Hagupit' Impact on the Ban Phuc Project
26/09/2008Ban Phuc Project Suspension
04/09/2008Ban Phuc Project Development Progress Update
14/07/2008Closes Financing
12/06/2008Comments on Increase in Tariff on Nickel Exports
15/05/2008New Chief Executive Officer
05/05/2008-Jinchuan Offtake and Subscription Agreements
08/04/2008 Grants Share Options
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TSX-V (ASN.V)
0,300+7.14%
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