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Asian Mineral Resources: Payment of Directors Fees in Shares

Marketwire
posted: 76 DAYS 17 HOURS AGO

TORONTO, ONTARIO -- (Marketwire) -- 09/11/09 -- Asian Mineral Resources Limited (the "Company") (TSX VENTURE: ASN) announced today that it has issued 835,636 common shares at $0.11 a share in settlement of $91,920 of unpaid directors' fees accrued as at June 30, 2009. "We are pleased to have obtained TSX-V approval for this share issue as part of our ongoing efforts to conserve cash" commented Jim Askew, the Chairman of the Corporation. "In the meantime, we are continuing, as previously announced, to pursue all potential ways in which the Ban Phuc project could be restarted."

Company Profile:

Asian Mineral Resources Limited is developing the Ban Phuc Nickel/Copper Project in Vietnam 5 hours drive north-west of Hanoi in which it has a 90% interest.

For further details on the Company and the Project, please refer to the website at www.asianminres.com or contact:

Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Asian Mineral Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Asian Mineral Resources Limited's expectations are disclosed under the heading "Risk Factors" and elsewhere in Asian Mineral Resources Limited documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities.



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:
Asian Mineral Resources Limited
Paula Kember
CFO
416 360 3412
416 367 1954 (FAX)
info@asianminres.com

Asian Mineral Resources Limited
Rob Guest
CEO
+84 4 3773 7997
+84 4 3773 7996 (FAX)
info@asianminres.com

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