Code of Business Conduct

Code of Business Conduct and Ethics

Code - Approved & Adopted by Board of Directors (August 19, 2009)

Introduction - General

AsiaBaseMetals Inc. ("the Company"), including its subsidiaries (collectively "AsiaBaseMetals Inc." or the "Company") is committed to conducting its business under the highest standards of Business Conduct and Ethics. As such, the Company has approved and adopted a Code of Business Conduct and Ethics ("CBC&E" and/or the "Code").

The purpose of the Company's Code of Business Conduct and Ethics is to assist all Company personnel, being all directors, officers, employees, and consultants ("Interested Parties") in making decisions regarding the affairs of the Company (including its subsidiaries).

The Code states basic principles that should guide the affairs of the Company and deals with certain specific situations but is not comprehensive. Personnel are encouraged to consult with the President for direction of specific issues on conflicts or potential conflicts.

IMPORTANT: Read the Complete Code of Business Conduct and Ethics ("CBC&E")

The complete Code of Business Conduct and Ethics ("CBC&E") together with the Certificate of Compliance for signature (CBC&E-Cert) are available for you in our Document Library.

View Code + Compliance Certificate

Compliance with Code, Reporting Breaches & Queries

Code of Business Conduct & Ethics for Interested Parties

Contact Us With Your Code of Business Conduct & Ethics Queries

Code of Business Conduct & Ethics for Interested Parties

All directors, officers, employees, and consultants ("Interested Parties") of the Company will comply with all obligations, which reaffirm the Company’s high standards of business conduct, as set out in the Code of Business Conduct and Ethics.

Awareness of Obligations, Compliance & Breach Reporting

Contact Us With Your Code of Business Conduct & Ethics Queries

Code of Business Conduct & Ethics for Interested Parties

It is the responsibility of all Interested Parties to be aware of their obligations under and to comply with this Code.

All breaches of this Code shall immediately be reported to the President.

All reports by an individual of violations of this Code shall be kept confidential unless otherwise required by law.

Contact Us With Your Code of Business Conduct & Ethics Queries

Upon reading the complete Code of Business Conduct and Ethics, (Provided in the Document Library), if you have any questions about the Code or what is expected of our Interested Parties, please contact us (Attention: "Company's President") for assistance; using the Button (provided below) marked "Contact the President Re: Code of Business Conduct & Ethics" .

Committed to Conducting Business "Only Under Highest Standards of Business Conduct & Ethics"