Asiamet Resources Limited (DI) (ARS)

Sector:

Mining

Index:

FTSE AIM All-Share

2.83p
   
  • Change Today:
      0.100p
  • 52 Week High: 3.60
  • 52 Week Low: 2.05
  • Currency: UK Pounds
  • Shares Issued: 1,943.22m
  • Volume: 6,103,515
  • Market Cap: £54.90m
  • Beta: 0.02

Asiamet raises another £1.0m via share placement

By Iain Gilbert

Date: Friday 26 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Exploration and development firm Asiamet Resources has successfully placed 45.45m new common shares at a price of 2.20p per share, raising gross proceeds of approximately £1.0m in the process.
Asiamet said on Friday that its placing was in addition to the conditional firm placing of 395.45m new common shares to raise a gross amount of approximately £8.7m and the conditional subscription of 16.52m new common shares in the company to raise a gross amount of approximately £360,000.

The aggregate number of placing shares and subscription shares to be issued pursuant to the fundraising will, on admission, represent approximately 23.6% of the group's enlarged share capital.

Asiamet highlighted that chairman Tony Manini and non-executive directors Dominic Heaton and Peter Pollard had participated in the placing, agreeing to subscribe for 5.62m subscription shares at the placing price.

As of 0910 GMT, Asiamet shares were down 4.58% at 2.29p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ARS Market Data

Currency UK Pounds
Share Price 2.83p
Change Today 0.100p
% Change 3.67 %
52 Week High 3.60
52 Week Low 2.05
Volume 6,103,515
Shares Issued 1,943.22m
Market Cap £54.90m
Beta 0.02

ARS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.26% below the market average20.26% below the market average20.26% below the market average20.26% below the market average20.26% below the market average
45.13% above the sector average45.13% above the sector average45.13% above the sector average45.13% above the sector average45.13% above the sector average
Price Trend
31.87% above the market average31.87% above the market average31.87% above the market average31.87% above the market average31.87% above the market average
47.52% above the sector average47.52% above the sector average47.52% above the sector average47.52% above the sector average47.52% above the sector average
Income Not Available
Growth Not Available

ARS Dividends

No dividends found

Trades for 21-Jan-2022

Time Volume / Share Price
15:27 106 @ 2.83p
15:15 114,000 @ 2.72p
15:11 28,500 @ 2.77p
15:09 91,647 @ 2.77p
14:47 189,243 @ 2.90p

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