Last checked at 11 Jan 2011 09:15
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining
11 January 2011
Anglo Asian Mining plc ('Anglo Asian' or 'the Company')
Director Dealings
Anglo Asian Mining plc, the AIM listed gold producer, announces that it was informed on Monday 10 January 2011 that Mr Richard Round, a non-executive director of the Company, had sold 60,000 shares in the Company at a price of 78.5 pence each on 10 January 2011. Following this transaction, Mr Round holds 153,958 shares in the Company.
**ENDS**
For further information please visit www.aamining.com or contact:
Reza Vaziri | Anglo Asian Mining plc | Tel: +994 12 596 3350 |
Andrew Herbert | Anglo Asian Mining plc | Tel: +994 12 596 3350 |
John Harrison | Numis Securities Limited, as Nominated Adviser | Tel: +44 (0) 20 7260 1000 |
James Black | Numis Securities Limited, as Corporate Broker | Tel: +44 (0) 20 7260 1000 |
Felicity Edwards | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Hugo de Salis | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Notes:
Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 sq km prospective exploration portfolio, assembled on the back of analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry. The Company developed Azerbaijan's first operating gold/copper mine, Gedabek, which commenced gold production in May 2009. Gold production for the year ended 31 December 2010 totalled 67,267 oz of gold.
Anglo Asian is actively looking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in Central Asia and Caucasia in order to fulfil its expansion ambitions and become a mid-tier gold and base metal production company focussed in these regions.