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Pin to quick picksAnglo Asian Regulatory News (AAZ)

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Update on investment in Libero Copper & Gold Corp

16 Feb 2024 07:00

RNS Number : 3524D
Anglo Asian Mining PLC
16 February 2024
 

16 February 2024

 

Anglo Asian Mining PLC

Update on investment in Libero Copper & Gold Corporation

 

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that Michael Sununu, Non-Executive Director of the Company has resigned from the Board of Libero Copper & Gold Corporation ("Libero"). This follows Anglo Asian's holding in Libero falling to 5.7 per cent., lower than the 9.9 per cent. threshold that entitles the Company to maintain a Director on the Board of Libero. Anglo Asian's holding in Libero has reduced as it has not participated in several recent rounds of financing.

 

**ENDS**

For further information please contact:

 

Anglo Asian Mining plc

 

Reza Vaziri, Chief Executive Officer

Tel: +994 12 596 3350

Bill Morgan, Chief Financial Officer

Tel: +994 502 910 400

Stephen Westhead, Vice President

Tel: +994 502 916 894

SP Angel Corporate Finance LLP (Nominated Adviser and Broker)

Ewan Leggat

Adam Cowl

Tel: +44 (0) 20 3470 0470

Hudson Sandler (Financial PR)

Charlie Jack

Harry Griffiths

Tel: +44 (0) 20 7796 4133

 

 

About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 31,821 gold equivalent ounces ("GEOs") for the year ended 31 December 2023. 

 

On 30 March 2023, the Company published its strategic plan for growth which shows a clearly defined path for the Company to transition to a multi-asset, mid-tier copper and gold producer by 2028, by which time copper will be the principal product of the Company, with forecast production of around 36,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during the period 2024 to 2028 at Zafar, Gilar, Xarxar and Garadag. 

 

https://www.angloasianmining.com/

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UPDGPUWCPUPCGMA
Date   Source Headline
20th Dec 20227:00 amRNSIllegal Mining of Mineral Resources in Karabakh
19th Dec 20227:00 amRNSMineral Resource Estimate completed at Gilar
8th Dec 20227:00 amRNSSignificant mineralisation in Gilar drill results
22nd Nov 20227:00 amRNSExpansion of flotation plant
8th Nov 20224:35 pmRNSPrice Monitoring Extension
2nd Nov 20227:00 amRNSDevelopment of Future Mines Update
13th Oct 20227:00 amRNSQ3 and 9M 2022 Production and Operations review
10th Oct 20221:35 pmRNSPayment of 2022 Interim Dividend
30th Sep 20227:00 amRNSTotal Voting Rights
16th Sep 20223:39 pmRNSTransaction in own shares
15th Sep 20227:00 amRNSInterim Results
31st Aug 20227:00 amRNSTotal Voting Rights
18th Aug 20227:00 amRNSAcquisition of geological exploration data
10th Aug 202210:13 amRNSTransaction in own shares
8th Aug 20227:00 amRNSFollow-on investment in Libero Copper & Gold Corp
29th Jul 20224:35 pmRNSPrice Monitoring Extension
29th Jul 20227:00 amRNSTotal Voting Rights
22nd Jul 20227:00 amRNSTransaction in own shares
14th Jul 20227:00 amRNSQ2 & H1 2022 Production and Operations review
11th Jul 20222:40 pmRNSPayment of 2021 Final Dividend
6th Jul 20227:00 amRNSParliamentary ratification for new contract areas
30th Jun 20222:16 pmRNSLoan to employee
23rd Jun 20221:14 pmRNSResult of AGM and GM
23rd Jun 20227:00 amRNS2022 Annual General Meeting Statement
6th Jun 20227:00 amRNSInvestor Presentation
27th May 20227:00 amRNSPosting of 2021 Annual Report and Notice of AGM
27th May 20227:00 amRNSRule 9 Waiver and Notice of General Meeting
17th May 20227:00 amRNS2021 Full year results
3rd May 20227:00 amRNSChange in beneficial ownership of shares
14th Apr 20227:00 amRNSQ1 2022 Production and Operations Review
6th Apr 20227:00 amRNSInvestor Presentation
21st Mar 20227:00 amRNSZafar JORC Mineral Resource completed
14th Mar 202210:41 amRNSH2 2021 Geological Exploration Activities
14th Mar 20227:00 amRNSH2 2021 Geological Exploration Activities
8th Mar 202210:45 amRNSStatement on Russian Invasion of Ukraine
2nd Mar 20227:00 amRNSDiscovery at Gosha and Vejnaly Assessment Update
3rd Feb 20227:00 amRNSGrant of Options
27th Jan 20227:03 amRNSInvestment in Libero Copper & Gold Corporation
13th Jan 20227:00 amRNSQ4 and FY 2021 Operations and production review
23rd Dec 20217:00 amRNSInvestment in Libero Copper & Gold Corporation
13th Dec 20217:00 amRNSGrant of Options
2nd Dec 20217:00 amRNSAccess to Vejnaly
23rd Nov 20211:19 pmRNSDirector/PDMR Shareholding
22nd Nov 202111:57 amRNSDirector/PDMR Shareholding
18th Oct 20214:14 pmRNSPayment of 2021 Interim Dividend
13th Oct 20217:00 amRNSQ3 and 9M 2021 Production and Operations review
7th Oct 20217:00 amRNSWebinar at Sova Capital Gold & Precious Metals Day
29th Sep 20217:00 amRNSRight to three new concessions
23rd Sep 20217:00 amRNSInterim Results for the six-months to 30 June 2021
24th Aug 20217:00 amRNSH1 2021 Geological Exploration Activities

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