Asiamet jumps 12% as KSK sale brings $93m shareholder payout

Mining General Mining & Base Metals Written by: Ian Lyall 10:10 Wed 09 Sep 2026 --> Edited by: Jamie Ashcroft Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Asiamet Resources Ltd ( AIM:ARS OTC:KMGLF ) View Price & Profile Asiamet jumps 12% as KSK sale brings $93m shareholder payout Published: 10:10 09 Sep 2026 BST Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) traded at 2.08p, up 12%, on Wednesday after completing its KSK sale and approved a $93 million special dividend. The miner received $104.9 million from Norin Mining (Hong Kong) Limited for Indokal Limited, the subsidiary holding its entire interest in the KSK project. The board approved approximately $0.0268 per share after reviewing transaction costs and ongoing funding requirements, in line with its previously stated distribution plans. Asiamet expects to pay the dividend in sterling on 29 September to shareholders on the register at close of business on 15 September 2026. Ahead of payment, the miner plans to convert the dividend funds into sterling and announce the exchange rate, which will determine the payout per share. The sale agreement , announced on 6 November last year, covered Asiamet's 100% interest in Indokal for $105 million on a cash-free, debt-free basis. The $104.9 million received at completion reflects a debt adjustment and remains subject to a post-completion adjustment mechanism under the sale agreement. After the disposal, Beutong in Aceh, Indonesia, becomes Asiamet's principal remaining asset, and the board is weighing all available options for the project's future. The board will update shareholders after establishing a path forward with various stakeholder groups, including local communities and the relevant local, provincial and central government authorities. Continue reading