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Proposed Subscription, Proposed Issue of Warrants and Issue of Equity

PROPOSED SUBSCRIPTION BY CHINESE INVESTOR TO RAISE £0.55 MILLION PROPOSED ISSUE OF WARRANTS AND ISSUE OF EQUITY

Asiamet Resources Strengthens Board and Management

Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce a further strengthening of its Board and management team.

Gatwick oil baron David Lenigas steps down from Ukog board

Monaco-based Australian entrepreneur plans to focus on other business interests instead of Gatwick oil find

David Lenigas has stepped down from the board of UK Oil and Gas Investments (Ukog), the Aim-listed company that caused a stir earlier this year with its claim it had found an oil field of “national significance” a few miles from Gatwick.

Mr…