Asiamet Resources() announced today that its Board of Directors will take 2024 fees in equity rather than cash, further aligning themselves with shareholders. At the same time, new performance rights have been granted to management, vesting only on delivery of key project milestones at the Company’s flagship BKM Copper Project in Central Kalimantan, Indonesia.
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Shareholders typically welcome directors taking equity over cash as it ties their rewards directly to project success. With the strategic investor process led by top-tier adviser Grant Samuel described as “progressing well,” and BKM remodelled into a simpler, higher-margin copper project, the backdrop looks favourable. Against this setting and a strong copper market, there is clear potential for directors and shareholders alike to be rewarded through successful financing or wider corporate activity.