Further to the announcement of July 4, 2013, Asian Mineral Resources Limited
("AMR") (TSX VENTURE:ASN) is pleased to announce that its 90% owned subsidiary,
Ban Phuc Nickel Mines LLC ("BPNM"), has now satisfied all conditions precedent
associated with its credit agreement executed with LienViet Post Bank ("LPB")
for the provision of a US$20m project financing loan for its Ban Phuc Nickel
Project (the "Project Debt").


All cash collateral previously provided by BPNM has been released, and BPNM is
now able to draw down funds under the US$20m Project Debt facility.


Company Profile:

Asian Mineral Resources Limited is a Canadian TSX-V listed company with a nickel
producing mine, the Ban Phuc Nickel Project, located 160 km west of Hanoi in Son
La Province, Vietnam. The project produces a high-quality nickel concentrate,
with a significant copper by-product. For further details on the Ban Phuc Nickel
Project and AMR, please refer to the technical report entitled "NI 43-101
Technical Report - Ban Phuc Nickel Project" dated February 15, 2013 available on
SEDAR, and also visit the company 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 completion of the project and the
achievement of expected benefits, potential mineralization and reserves,
exploration results and future plans and objectives of AMR are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such 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 and elsewhere in AMR's documents filed from time-to-time
with the TSX Venture Exchange and other regulatory authorities. Forward-looking
statements are qualified entirely by this cautionary statement and are given
only as at 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.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asian Mineral Resources Limited
Paula Kember
Chief Financial Officer
+1 (416) 360-3412
www.asianminres.com

Grafico Azioni Asian Mineral Resources (TSXV:ASN)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Asian Mineral Resources
Grafico Azioni Asian Mineral Resources (TSXV:ASN)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Asian Mineral Resources