26 November 2024
Management Changes and
Appointment of Head of Corporate Finance
Asiamet Resources Limited ("Asiamet"
or the "Company") is pleased to announce the appointment of Mr
Mudit Goenka as Head of Corporate Finance. With over a decade in
investment banking across Southeast Asia and Europe, Mudit brings a
wealth of experience in debt financing, mergers and acquisitions,
capital markets and strategic transactions.
Mudit most recently served as a
Director of Southeast Asia Investment Banking at Bank of America
Merrill Lynch ("BAML") in Singapore advising clients on complex
debt financings and M&A transactions. During this time, he was
closely involved in a number of Indonesian company financing
mandates. Previous experience includes leadership roles within
BAML's EMEA investment banking division based in London.
Mudit's immediate focus will be
driving a successful project financing initiative for the Company's
BKM copper development project and managing all corporate finance
and M&A-related activities for the Company.
Mudit holds an MBA from the European
Institute of Business Administration (INSEAD), France, and a
Bachelor of Business Management from the Singapore Management
University.
James Deo, current Chief Development
Officer and formerly Chief Financial Officer will be leaving the
Company at the end of this year to pursue new opportunities. James
has been an integral part of the Asiamet management team since
early 2018 and is supporting an orderly transition of duties to
Mudit over the next month.
Darryn McClelland, Chief
Executive Officer, commented:
"We are now in the final stages of the engineering
optimisation for the BKM copper project and will be rapidly moving
into an intensive project financing phase. With updated capital and
operating costs expected to deliver a robust financial and economic
outcome for the project, we are very pleased to have secured the
services of such a well credentialed corporate finance executive as
Mudit to drive the project financing for BKM. Mudit brings a wealth
of experience and relationships in debt financing and capital
markets to the Company and his recent South East Asian capital
markets exposure will assist in rapidly advancing the financing
options available for the BKM project. We welcome Mudit to the
Company and look forward to working with him to deliver this
critical milestone for the Company.
I
would also like to take the opportunity to thank James Deo for his
dedication and significant contribution to the Company over almost
seven years in the roles of CFO and CDO. James has worked
tirelessly to get the Company to this inflection point and we wish
him all the best for his future endeavours".
ON
BEHALF OF THE BOARD OF DIRECTORS
Darryn McClelland, Chief Executive
Officer
For further information, please contact:
Darryn McClelland
Chief
Executive Officer, Asiamet Resources Limited
Email: darryn.mcclelland@asiametresources.com
Tony
Manini
Executive Chairman,
Asiamet Resources Limited
Email: tony.manini@asiametresources.com
Investor Enquiries
Sasha Sethi
Telephone: +44 (0) 7891 677
441
Email: Sasha@flowcomms.com
/ info@asiametresources.com
Nominated & Financial Adviser
Strand Hanson Limited
James Spinney / James Dance / Rob
Patrick
Telephone: +44 20 7409
3494
Email: asiamet@strandhanson.co.uk
Broker
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137
1903
Email: Christian.Dennis@optivasecurities.com
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