Home : June 2012 : June 29, 2012 News : Closing of $5,500,000 Strategic Investment by Melior Resources Inc. in Asian Mineral Resources Limited

Closing of $5,500,000 Strategic Investment by Melior Resources Inc. in Asian Mineral Resources Limited

June 29, 2012

TORONTO, ONTARIO--(Marketwire - June 29, 2012) - Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) and Melior Resources Inc. ("Melior") (TSX VENTURE:MLR) announced today that they have completed the previously announced strategic investment by Melior in AMR whereby Melior purchased 50,000,000 common shares of AMR (the "AMR Shares") at CDN$0.11 per AMR Share for total consideration of CDN$5,500,000 (the "Strategic Investment").

http://www.marketwire.com/mw/release.do?id=1675356&sourceType=3
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