ASN Asian Mineral Resources Ltd

Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) is pleased to announce
that it has obtained a receipt for its final short form prospectus (the
"Prospectus") filed with the securities regulatory authorities in the provinces
British Columbia, Alberta, Ontario, Manitoba, Newfoundland, New Brunswick and
Saskatchewan (the "Eligible Jurisdictions") in respect of its previously
announced shareholder rights offering (the "Rights Offering") for gross proceeds
of $12,500,000. 


Each holder of record of AMR common shares ("Common Shares") as of the close of
business February 28, 2013 (the "Record Date") will receive one right ("Right")
for each Common Share held and every 2.10083 Rights will entitle the holder
thereof to subscribe for one Common Share for $0.05 per share. The Rights may be
exercised after March 5, 2013 and will expire at 4:00 p.m. (Toronto time) on
March 26, 2013 (the "Expiration Date"). AMR shareholders that fully exercise
their Rights will be entitled to subscribe on a pro rata basis for additional
Common Shares, if available, that were not subscribed for by other Rights
holders, on or before the Expiration Date.


AMR currently expects the Prospectus relating to the Rights Offering to be
mailed to Shareholders eligible to participate in the Rights Offering by March
5, 2013 and the closing of the Rights Offering to occur on or about March 28,
2013. Shareholders who hold their Common Shares in a brokerage account or with a
nominee should contact such broker or nominee in order to exercise their Rights.



The Rights Offering is being made only in the Eligible Jurisdictions and,
subject to compliance with applicable law, certain other jurisdictions where
such offering is permitted to be made. The Rights Offering is not an offering of
Common Shares for sale in any jurisdiction outside the Eligible Jurisdictions.
Holders of Rights outside of the Eligible Jurisdictions who wish to participate
in the Rights Offering must establish to the satisfaction of AMR that the
receipt by them of the Rights and the issuance to them of the Common Shares
underlying the Rights will not be in violation of the laws of their jurisdiction
of residence. Rights of holders resident in jurisdictions other than the
Eligible Jurisdictions, who do not so satisfy AMR prior to 5:00 p.m. (Toronto
time) on March 19, 2013, will be sold by Computershare Trust Company of Canada
("Computershare") on such date or dates and at such price or prices as
Computershare shall determine in its sole discretion. 


Further details concerning the Rights Offering and the procedures to be followed
by holders are contained in the Prospectus available on www.sedar.com.


The TSX Venture Exchange ("TSXV") has conditionally approved the listing of the
Rights and the Common Shares issuable upon exercise of the Rights on the TSXV.
The approval of such listing is subject to AMR fulfilling all of the listing
requirements of the TSXV. Trading of the rights will cease 12:00 p.m. (Toronto
time) on the Expiration Date.


Technical Report Re-filed

In support of technical information contained in the Prospectus relating the Ban
Phuc Nickel Project, AMR has today re-filed a National Instrument 43-101
compliant technical report on SEDAR at www.sedar.com. 


Company Profile:

Asian Mineral Resources Limited is developing the Ban Phuc Nickel Project,
located 160 km north-west of Hanoi in the Son La Province, which is 90% owned by
its subsidiary Ban Phuc Nickel Mines LLC. The development of the project is in
advanced stages, with underground and surface infrastructure near completion and
commercial production expected to occur by June 2013. For further details on AMR
and the Ban Phuc Nickel Project, please refer to AMR's website at
www.asianminres.com.


Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All
statements, other than statements of historical fact, included herein, including
without limitation, statements regarding the expected benefits of the
transaction, and the completion of the transactions described in this press
release, the expected timing for the filing and mailing of the Prospectus,
completion of the project, the commencement of commercial production and the
achievement of expected benefits, potential mineralization and reserves,
exploration results and future plans and objectives of AMR are forward-looking
statements. Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of AMR to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
statements. Important factors that could cause actual results to differ
materially from AMR's expectations are disclosed under the heading "Risk
Factors" in AMR's Annual Information Form, in the Prospectus and elsewhere in
AMR's documents filed from time-to-time with the TSX Venture Exchange and other
regulatory authorities. Such forward-looking statements are based on a number of
material factors and assumptions, including: no disruption in postal services,
that conditions to the Rights Offering will be satisfied, estimated cost to
bring the Ban Phuc Nickel mine into commercial production, that contracted
parties provide goods and/or services on the agreed timeframes; that on-going
contractual negotiations will be successful and progress and/or be completed in
a timely manner; that application for permits and licences will be
granted/obtained in a timely manner; that no unusual geological or technical
problems occur; that plant and equipment work as anticipated and that there is
no material adverse change in the price of nickel. Although AMR has attempted to
identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results to differ from those
anticipated, estimated or intended. Forward-looking statements contained herein
are made as of the date of this press release. AMR disclaims any obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law. There can be
no assurance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements due to the inherent uncertainty therein.


This news release does not constitute an offer to sell or the solicitation of an
offer to buy any of the securities described herein in the United States or to
or for the account or benefit of a U.S. person (a "U.S. Person"), as defined
under the United States Securities Act of 1933, as amended (the "U.S. Securities
Act"), or a person in the United States. The securities described herein have
not been and will not be registered under the U.S. Securities Act and may not be
offered or sold in the United States or to or for the account or benefit of a
U.S. Person or a person in the United States absent registration under the U.S.
Securities Act and applicable state securities laws, or absent an available
exemption from such registration requirements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asian Mineral Resources Limited
Paula Kember
Chief Financial Officer
(416) 360-3412
www.asianminres.com

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