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11 Jul 2022 14:40
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining
11 July 2022
Anglo Asian Mining plc
Payment of 2021 Final Dividend
On 17 May 2022, the Directors of Anglo Asian Mining plc ("Anglo Asian", the "Company" or the "Group") announced a final dividend in respect of the year ending 31 December 2021 of US 3.5 cents per ordinary share. This final dividend is to be paid on 28 July 2022 to shareholders on the share register on 1 July 2022. The dividend is payable in cash in sterling to holders of ordinary shares. A scrip dividend or any other dividend reinvestment plan will not be offered by Anglo Asian Mining plc.
The dividend will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by the Bank of England at 16:00 BST each day from 4 to 8 July 2022, being £1 = US$1.1994. Accordingly, the amount of sterling dividend payable in cash on 28 July 2022 will be:
2.9181 pence per ordinary share.
**ENDS**
For further information please contact:
Reza Vaziri | Anglo Asian Mining plc | Tel: +994 12 596 3350 |
Bill Morgan | Anglo Asian Mining plc | Tel: +994 502 910 400 |
Stephen Westhead | Anglo Asian Mining plc | Tel: +994 502 916 894 |
Ewan Leggat | SP Angel Corporate Finance LLP Nominated Adviser and Broker | Tel: +44 (0) 20 3470 0470 |
Adam Cowl | SP Angel Corporate Finance LLP Nominated Adviser and Broker | Tel + 44 (0) 20 3470 0470 |
Charlie Jack | Hudson Sandler | Tel: +44(0) 20 7796 4133
|
Harry Griffiths | Hudson Sandler | Tel: +44(0) 20 7796 4133 |
Notes:
Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company produced 64,610 gold equivalent ounces ("GEOs") for the year ended 31 December 2021.
In December 2021, the Company undertook a private placement which acquired 19.8 per cent. of Libero Copper & Gold Corporation ("Libero"). The transaction was completed in January 2022. Libero is listed on the TSX Venture Exchange in Canada and owns, or has the option to acquire, several copper exploration properties in North and South America, including Mocoa in Colombia, one of the world's largest undeveloped copper-molybdenum resources.
On 5 July 2022, the Government of Azerbaijan ratified amendments to its Production Sharing Agreement which granted it three additional concessions with a combined area of 882 square kilometres, including the Garadagh porphyry copper deposit, with a Soviet classified resource of over 300,000 tonnes of copper.
https://www.angloasianmining.com/
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