REG - Anglo Asian Mining - Payment of 2022 Final Dividend

Anglo Asian MiningAnnouncement

11/07/2023 11:15

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RNS Number : 6637F  Anglo Asian Mining PLC  11 July 2023

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining

 

11 July 2023

 

Anglo Asian Mining plc

Payment of 2022 Final Dividend

 

On 16 May 2023, the Directors of Anglo Asian Mining plc ("Anglo Asian", the
"Company" or the "Group") announced a final dividend in respect of the year
ended 31 December 2022 of US 4.0 cents per ordinary share. This final
dividend is to be paid on 27 July 2023 to shareholders on the share register
on 30 June 2023. 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 3 to 7 July 2023,
being £1 = US$1.2730. Accordingly, the amount of sterling dividend payable
in cash on 27 July 2023 will be:

 

3.1421 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

 

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 57,618 gold equivalent ounces ("GEOs") for the year
ended 31 December 2022.

 

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 2028, 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 2023 to 2028 at Zafar, Gilar, Xarxar and
Garadag.

 

The Company owns approximately 19.8 per cent. of Libero Copper & Gold
Corporation ("Libero"). 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.

 

https://www.angloasianmining.com/ (https://www.angloasianmining.com/)

 

 

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