Asiamet Closes Private Placement - Significant Shareholders Increase Shareholdings

Asiamet Resources Limited (the "Company") is pleased to announce that it has closed a brokered private placement announced on April 22, 2016. The Company has issued and settled through CREST 48,387,097 common shares at a price of GBP 3.1 pence per share for total gross proceeds of £1.5 million (equivalent to approximately CDN $2.7 million at CDN $0.056 per share).



Asiamet Bought Deal Private Placement to Fund Feasibility Study

Asiamet Resources Limited (the "Company") is pleased to announce that through clients of Optiva Securities Limited, its broker to the placement, the Company has received commitments to purchase 48,387,097 common shares at a price of GBP 3.1 pence per share for total gross proceeds of £1.5 million (equivalent to approximately CDN $2.7 million at CDN $0.056 per share). The placement was oversubscribed.



Asiamet BKM deposit PEA delivers US$204m NPV10 and 39% IRR

Asiamet Resources Limited ("ARS" or "the Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") completed on its Beruang Kanan Main ("BKM") copper deposit in Kalimantan, Indonesia. The PEA has been finalized in compliance with the guidelines of Canadian National Instrument 43-101 by independent Australian mine planning consultants, Orelogy.



Asiamet Provides Company Update

Asiamet Resources Limited ("Asiamet" or the "Company") notes the increase in share price and trading volumes over the past 10 trading days.



BKM Copper Deposit Preliminary Economic Assessment Update

Asiamet Resources Limited ("ARS" or the "Company") is pleased to advise that a Preliminary Economic Assessment ("PEA") on the Beruang Kanan Main ("BKM") deposit within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia, is advancing well in line with plan and budget. The independent PEA is expected to be delivered at the end of the first quarter this year.



Asiamet clarifies previous technical disclosure

On December 3, 2015, Asiamet Resources Limited (the "Company") filed a technical report titled "Beruang Kanan Main Zone, Kalimantan Indonesia: 2015 Resource Estimate Report", prepared by Duncan Hackman of Hackman and Associates Pty. Ltd. effective and dated November 30, 2015.



Preliminary Economic Assessment Underway on BKM Copper Deposit

Asiamet Resources Limited ("ARS" or the "Company") is pleased to advise that a Preliminary Economic Assessment (PEA) on the Beruang Kanan Main ("BKM") deposit within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia, is well underway and advancing to plan. The independent PEA is being overseen by Orelogy, an Australian mine planning consultancy company, and is expected to be delivered at the end of the first quarter this year.



Asiamet Resources Files Technical Report for the Beruang Kanan Prospect, KSK CoW, Indonesia

Asiamet Resources Limited ("ARS" or the "Company") has filed a NI 43-101 compliant technical report supporting the independently estimated updated mineral resource for the Beruang Kanan Main ("BKM") deposit within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia as announced on October 21, 2015.



Asiamet's Third Quarter Results 2015

The unaudited Interim Consolidated Financial Statements and the management discussion and analysis (the “MD&A”) of Asiamet Resources Limited (formerly Kalimantan Gold Corporation Limited) (the “Company”, “Asiamet” or “ARS”) for the third quarter ended September 30, 2015, are available for viewing on www.sedar.com and www.asiametresources.com.



High Grade Copper Mineralization Intersected at BKS

Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce that initial wide spaced scout drilling at the Beruang Kanan South ("BKS") prospect in Central Kalimantan, Indonesia has intersected shallow high grade copper mineralization. The BKS prospect is approximately one kilometer to the south of the BKM deposit where Asiamet recently reported a substantial increase in N43-101 compliant copper Resources (refer ARS 21 Oct 2015 news release). These results confirm excellent potential to delineate additional copper mineralization close to the BKM deposit.



Asiamet Resources Closes Private Placement

Asiamet Resources Limited (the "Company") is pleased to announce that has closed a brokered private placement announced on October 30, 2015. The Company has issued and settled through CREST 71,428,571 common shares at a price of £0.014 per share for total gross proceeds of £1.0 million (approximately equivalent to CDN $2.0 million at CDN $0.028 per share).



Asiamet Resources Financing

Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce that it plans to undertake a private placement of up to 71,428,571 common shares at a price of £0.014 per share for total gross proceeds of approximately £1.0 million (approximately equivalent to CDN $2.0 million at CDN $0.028 per share). The Company has received commitments predominantly from existing shareholders and sophisticated investors for 71,428,571 common shares to be issued and settled in CREST. The participating investors include clients of the Company's UK broker agents, Optiva Securities Limited.



Asiamet Resources BKM Deposit Mineral Resource Update

Asiamet Resources Limited ("ARS" or the "Company") is pleased to report an updated Mineral Resource estimate for the Beruang Kanan Main ("BKM") deposit within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia. The Resource has been independently estimated by Duncan Hackman of Hackman & Associates Pty Ltd (Australia) and a technical Report compliant with NI 43-101 will be published and available on the Company's website and SEDAR (www.sedar.com) within 45 days of publication of this news release. As required under NI 43-101 Indicated and Inferred Resources are reported separately below.



BKM -- Latest Drill Results Confirm and Extend High Grade Copper

Asiamet Resources Limited ("ARS") is pleased to report assay results for the final holes drilled as part of the 2015 resource evaluation program at the Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan, Indonesia. This is the final set of results required to complete an update of the BKM Resource.



Asiamet Drilling Confirms High Grade Copper Zone at BKM

Asiamet Resources Limited ("ARS") is pleased to report further high grade assays have been received for resource evaluation drilling at the Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan, Indonesia. Drilling within the BK044 zone continues to intersect wide intervals of higher grade copper mineralization (refer Figure 1).



Asiamet Continues to Intersect High Grade Copper at BKM

Asiamet Resources Limited ("ARS") is pleased to report that recent assay results received for resource evaluation drilling at the Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan, Indonesia have reported additional wide intervals of higher grade copper mineralization within the recently identified BK044 and BK058 zones.



Asiamet Reports Further High Grade Copper Mineralization at BKM

Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce that recent drilling as part of the Resource evaluation program in progress on the Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan, Indonesia has identified a second zone of higher grade copper mineralization within the BKM Resource. The delineation of these two shallow, higher grade zones is expected to have a very positive impact on the BKM project economics.



Asiamet CEO Share Purchase

Asiamet Resources Limited (the "Company" or "ARS") wishes to advise that on September 2, 2015 Antony Manini, a Director and the Deputy Chair and Chief Executive Officer of the Company, notified the Company that on September 1, 2015, he purchased 3,500,000 shares of the Company, privately at a price of £0.012999 per share.



Asiamet Resources Half-Year Results 2015

The unaudited Interim Consolidated Financial Statements and the management discussion and analysis (the "MD&A") of Asiamet Resources Limited (formerly Kalimantan Gold Corporation Limited) (the "Company", "Asiamet" or "ARS") for the half-year ended June 30, 2015, are available for viewing on www.sedar.com or www.asiametresources.com.



Asiamet Resources Grants Options

Asiamet Resources Limited ("ARS") announces that pursuant to the Company's shareholder approved Stock Option Plan, the Company's Board of Directors granted a total of 6,000,000 Incentive Stock Options ("Options") to Directors and granted a total of 3,650,000 Options to employees and consultants for a total of 9,650,000 shares of the Company's capital stock, that are exercisable between August 31, 2015, and August 31, 2020, at an exercise price of C$0.05 per share, being the minimum price allowable under TSX Venture Exchange policies. The common shares issued upon exercise of options granted will be subject to any applicable regulatory hold periods.