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Placing of Common Shares to Raise £6 Million (Approximately US$7.9 Million) to Fund Completion of the Definitive Feasibility Study at the BKM Copper Project and Expanded Drilling Programs Around BKM and at Beutong

Asiamet Resources Limited, (AIM: ARS) (the "Company"), is pleased to announce a placing of 139,534,884 new common shares of US$0.01 each in the Company (the "Placing Shares") at a price of 4.3 pence per Placing Share (the "Placing Price") to raise a total of £6.0m (approximately US$7.9m) (before expenses) (the "Placing").

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