Investegate |Asiamet Res Ltd Announcements | Asiamet Res Ltd: Sale and Purchase Agreement Executed
Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce that following the market release dated 8 October 2020, the Company has signed a conditional binding Share Purchase Agreement ("SPA") with PT Wasesa Indo Nusa ("PT WIN"), an Indonesian private company, to acquire Asiamet's wholly-owned subsidiary Indokal Limited ("Indokal") (the "Transaction"). Indokal is the 100% owner of the Kalimantan Surya Kencana Contract of Work ("KSK CoW"), including the BKM Copper Project, located in Central Kalimantan, Indonesia. As part of the Transaction, PT WIN has e...
Source: investegate.co.uk