Anglo Asian Mining PLC Payment of 2022 Final Dividend (6637F)
July 11 2023 - 5:09AM
UK Regulatory
TIDMAAZ
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 GBP1 = 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
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Ewan Leggat SP Angel Corporate Finance Tel: +44 (0) 20 3470
LLP 0470
Nominated Adviser and Broker
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Adam Cowl SP Angel Corporate Finance Tel + 44 (0) 20 3470
LLP 0470
Nominated Adviser and Broker
------------------------------ ----------------------
Charlie Jack Hudson Sandler Tel: +44(0) 20 7796
4133
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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/
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END
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