REG - Asiamet Resources Ld - Appointment of Grant Samuel

Asiamet ResourcesAnnouncement

18/07/2025 07:00

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RNS Number : 5739R  Asiamet Resources Limited  18 July 2025

18 July 2025

Asiamet Resources Limited

("Asiamet" or the "Company")

 

Appointment of Grant Samuel to Lead the Strategic Investor Engagement Process
for the BKM Copper Project

 

Asiamet Resources Limited (AIM: ARS) is pleased to announce the appointment
of Grant Samuel as its financial adviser to lead the strategic investor
engagement process for the development of the BKM Stage 1 Copper Project in
Central Kalimantan, Indonesia (the "Project").

 

Grant Samuel is a market leader in providing advisory and execution expertise
across M&A, debt, equity, and valuations. The firm has an outstanding
track record in the natural resources sector, having advised on a wide range
of mandates for companies including Tianqi Lithium, Stanmore Resources, Golden
Energy & Resources, Highlands Pacific and EMR Capital.

 

Grant Samuel's specialist knowledge and deep network across the Australian and
Asian mining industries make it a highly qualified partner to support Asiamet
at this stage of project development.

 

The strategic partner process will focus on engaging with qualified
parties who can add value to the development of BKM Stage 1. This may include
provision of financial, technical, operational and regional capability to
support the successful delivery of the Project. The Company has now commenced
a structured programme of engagement with interested parties.

 

This process is being run in parallel with the potential project finance
lenders' due diligence processes currently underway and forms a key component
of the Company's broader financing strategy for the BKM Stage 1 development.

 

Further information on Grant Samuel's natural resources mandates can be found
at the following link:
https://www.grantsamuel.com.au/transactions/?industry-sector=resources
(https://www.grantsamuel.com.au/transactions/?industry-sector=resources)

 

Asiamet's CEO, Darryn McClelland, commented:

 

"The appointment of Grant Samuel to lead our strategic investor engagement
process leverages their industry network and strong track record of advising
mining companies in the region, making them an ideal partner at this time.

 

We are seeing encouraging levels of interest from groups aligned with our
long-term vision. With both the strategic and lender engagement processes
progressing in parallel, we are now focused on securing the right partnerships
to support a successful BKM Stage 1 build and unlock the broader potential of
the KSK portfolio. We look forward to keeping shareholders updated as we move
through this critical phase."

 

 

ON BEHALF OF THE BOARD OF DIRECTORS

Darryn McClelland, Chief Executive Officer

 

-Ends-

For further information, please contact:

Darryn McClelland
Chief Executive Officer, Asiamet Resources Limited

Email: darryn.mcclelland@asiametresources.com
(mailto:darryn.mcclelland@asiametresources.com)

 

Tony Manini
Chairman, Asiamet Resources Limited

Email: tony.manini@asiametresources.com
(mailto:tony.manini@asiametresources.com)

 

Investor Enquiries

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: Sasha@flowcomms.com (mailto:Sasha@flowcomms.com) /
info@asiametresources.com

Nominated Adviser
Strand Hanson Limited

James Spinney / James Dance / Rob Patrick

Telephone: +44 20 7409 3494

Email: asiamet@strandhanson.co.uk (mailto:asiamet@strandhanson.co.uk)

 

Broker

Shore Capital
Toby Gibbs / George Payne

Telephone: +44 20 7408 4050

 

Follow us on X @AsiametTweets

 

FORWARD-LOOKING STATEMENT

This announcement contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterised by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements.   Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices.  There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended.  Any forward-looking statement speaks
only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are not
guarantees of future performance and accordingly undue reliance should not be
put on such statements due to the inherent uncertainty therein.

 

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