Asiamet Resources Limited ( Asiamet or the Company ) is pleased to announce the appointment of Andrew Neale as General Manager for the KSK Project and to provide an update on the various workstreams underway on the BKM copper development ( BKM ) project located in Central Kalimantan, Indonesia. Highlights · Andrew Neale, a highly experienced metallurgist with extensive experience in studies, mine design, construction and operations. He has worked on numerous copper and gold projects in Indonesia and globally with Freeport McMoran, Merdeka Copper Gold and Bumi Resources. Andrew is based in Jakarta and will manage all aspects of the pre-development technical works and permitting required to prepare the BKM project for construction and operations.
Asiamet Resources Limited ( Asiamet or the Company ) is pleased to announce that, further to the announcement on 24 December 2020, the Company has provided the Notice of General Meeting of shareholders which will be held at Level 22, 303 Collins Street, Melbourne, Australia at 5.00 p.m. (Australia Eastern Standard Time) on 29 January 2021. The Notice of Meeting and necessary Form of Proxy and Forms of instruction is now available for download on the Company s website at www.asiametresources.com and are being posted to all shareholders this week. However, in light of the Covid-19 pandemic, shareholders will not be able to attend the General Meeting in person.
Asiamet Resources Limited ( Asiamet or the Company ) is pleased to announce that following the market release dated 8 October 2020, the Company has signed a conditional binding Share Purchase Agreement ( SPA ) with PT Wasesa Indo Nusa ( PT WIN ), an Indonesian private company, to acquire Asiamet s wholly-owned subsidiary Indokal Limited ( Indokal ) (the Transaction ). Indokal is the 100% owner of the Kalimantan Surya Kencana Contract of Work ( KSK CoW ), including the BKM Copper Project, located in Central Kalimantan, Indonesia. As part of the Transaction, PT WIN has entered into an agreement to acquire Aeturnum Energy International Limited s ( Aeturnum ) commodities trading business. PT WIN plans to undertake an Initial Public Offering ( IPO ) on the Indonesian Stock Exchange ( IDX ) in early 2021.