Liberum is pleased to announce its appointment as Joint Broker to Asiamet Resources Limited
Asiamet is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia.
The company is in the process of completing a Bankable Feasibility Study on its Beruang Kanan Main (BKM) deposit, expected in Q2 this year and expects BKM to be in production in early 2020. With its large scale Beutong porphyry deposit granted a production license in January this year and a maiden resource at its BKZ polymetallic discovery due in May, the company is now emerging as a budding mid-tier copper and base metal producer.
Asiamet has been listed on AIM since 2006 and has a market capitalisation of c.£100m.
Liberum has been appointed as Joint Corporate Broker alongside Optiva Securities, with immediate effect.
Investment Banking – Neil Elliot, Clayton Bush, Kane Collings
Sales – Julian Collett
Research – Richard Knights
Corporate Access – Lynsey Cox