Asian Mineral Resources Limited

TSX VENTURE : ASN


Asian Mineral Resources Limited

January 06, 2014 08:00 ET

Asian Mineral Resources Appoints Chief Executive Officer

TORONTO, ONTARIO--(Marketwired - Jan. 6, 2014) - Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) is pleased to announce that Mr. Evan Spencer has today been appointed to the role of Chief Executive Officer of AMR.

Mr. Spencer is a highly experienced mining executive and was previously Chief Operating Officer for Kagara Limited. He has held a wide range of senior management and operational positions, including senior positions with Barrick Gold Corporation and Aditya Birla Minerals. Mr. Spencer holds a Master of Mineral Economics, a Bachelor of Applied Science (Geology), and has also completed post-graduate studies in mine engineering, business and mining.

Mr. Spencer takes over the CEO role from Mr. Simon Booth with immediate effect.

Mr. Jan Castro, Non-Executive Chairman of AMR, stated, "We are delighted to welcome Evan to the CEO role at AMR. We look forward to Evan's leadership in realizing the full potential of AMR's Ban Phuc Nickel Project. On behalf of the Board, I would also like to thank Simon for his contributions to the company and wish him the best for his future endeavours."

Company Profile:

Asian Mineral Resources Limited is a Canadian TSX-V listed company with a nickel producing mine, the Ban Phuc Nickel Project, located 160 km north-west of Hanoi in Son La Province, Vietnam. The project produces a high-quality nickel concentrate, with a significant copper by-product. For further details on the Ban Phuc Nickel Project and AMR, please refer to the technical report entitled "NI 43-101 Technical Report - Ban Phuc Nickel Project" dated February 15, 2013 available on SEDAR, and also visit the company 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 completion of the project and the achievement of expected benefits, potential mineralization and reserves, exploration results and future plans and objectives of AMR 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 AMR's expectations are disclosed under the heading "Risk Factors" in AMR's Annual Information Form and elsewhere in AMR's documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities. Forward‐looking statements are qualified entirely by this cautionary statement and are given only as at the date of this press release. AMR disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Paula Kember
    Corporate Secretary
    +1 (416) 360-3412