StockMarketWire.com - Asiamet Resources said it had raised gross proceeds of approximately £1.75m through the placing of shares.

The company placed a total of 50,000,000 new sharesat a price of 3.5p per share.

Proceeds of the placing would be used to fund a number of the value enhancement initiatives to continue stakeholder engagement programs within government, business and community and to fund the ongoing development of both the BKM and Beutong projects.






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