11 Jul 2022 14:40
Anglo Asian Mining plcย / Ticker: AAZ / Index: AIM / Sector: Mining
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11 July 2022
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Anglo Asian Mining plc
Payment of 2021 Final Dividend
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Onย 17 May 2022, the Directors ofย Anglo Asian Mining plcย ("Anglo Asian", the "Company" or the "Group") announced a final dividend in respect of the year endingย 31 December 2021ย of USย 3.5 centsย per ordinary share. This final dividend is to be paid onย 28 July 2022ย to shareholders on the share register onย 1 July 2022. The dividend is payable in cash inย sterling to holders of ordinary shares.ย A scrip dividend or any other dividend reinvestment plan will not be offered byย Anglo Asian Mining plc.
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The dividend will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by theย Bank of Englandย atย 16:00 BSTย each day from 4 toย 8 July 2022, beingย ยฃ1ย =ย US$1.1994. Accordingly, the amount of sterling dividend payable in cash onย 28 July 2022ย will be:
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2.9181 penceย per ordinary share.
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**ENDS**
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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 ย |
Harry Griffiths | Hudson Sandler | Tel: +44(0) 20 7796 4133 |
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Notes:
Anglo Asian Mining plcย (AIM:AAZ) is a gold, copper and silver producer inย Central Asiaย with a broad portfolio of production and exploration assets inย Azerbaijan. The Company produced 64,610 gold equivalent ounces ("GEOs") for the year endedย 31 December 2021.
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Inย December 2021, the Company undertook a private placement which acquired 19.8 per cent. of Libero Copper & Gold Corporation ("Libero"). The transaction was completed inย January 2022. Libero is listed on theย TSX Venture Exchangeย inย Canadaย and owns, or has the option to acquire, several copper exploration properties inย North and South America, including Mocoa inย Colombia, one of the world's largest undeveloped copper-molybdenum resources.
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Onย 5 July 2022, the Government ofย Azerbaijanย 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.
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https://www.angloasianmining.com/
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