REG - Anglo Asian Mining - Payment of 2021 Final Dividend

Anglo Asian MiningAnnouncement

11/07/2022 14:45

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RNS Number : 0604S  Anglo Asian Mining PLC  11 July 2022

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  Tel: +44 (0) 20 3470 0470

                   Nominated Adviser and Broker
 Adam Cowl         SP Angel Corporate Finance LLP  Tel + 44 (0) 20 3470 0470

                   Nominated Adviser and Broker
 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/ (https://www.angloasianmining.com/)

 

 

 

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