Asiamet Resources terminates agreement to sell Indokal Limited to PT WIN

LONDON: Asiamet Resources Limited has announced the termination of the binding sale and purchase agreement (SPA) entered into with PT WIN for the acquisition of Indokal Limited the owner of the Kalimantan Surya Kencana Contract of Work, located in Central Kalimantan. Under the SPA, the first Tranche payment of US$2.5 million was not transacted by…