Asia Metals Inc. Eliminates Two Share Classes; Drill Results Expected In January

LAS VEGAS, Dec. 3, 2018 /PRNewswire/ -- Asia Broadband Inc. AABB, through its wholly owned subsidiary Asia Metals Inc., has amended its capital structure by eliminating the Common B and Preferred share classes. The total authorized capital of the Company has been reduced from 1.1 Billion to 500 Million shares. The Company had not issued any common B or preferred shares to date and had no future intentions to use those share classes.

Additionally, the operations of the Company's 2018 Drill Program are currently on going. After taking into consideration the upcoming holiday season, the Company is estimating to have drill results available to be announced by the end of January 2019. 

"We are all in very high spirits from the early indications of our drilling program. In the beginning, we experienced several delays to get things started and there is still much work to be done in carefully conducting our entire program to report comprehensive results," expressed James Gilbert, the Company President and CEO.

Asia Broadband Inc. AABB, through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

Contact the Company at:

Email:        ir@asiabroadbandinc.com 
Website:    www.asiametalsinc.com 
Phone:       702-866-9054
Cervitude Intelligent Relations
Nicholas Coriano

Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.'s (the "Company") expected current beliefs about the Company's business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.

SOURCE Asia Broadband Inc.