Anglo Asian Mining PLC Result of AGM (6384D)

TIDMAAZ

RNS Number : 6384D

Anglo Asian Mining PLC

22 June 2023

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

22 June 2023

Anglo Asian Mining PLC

("Anglo Asian" or the "Company")

Results of 2023 Annual General Meeting

Anglo Asian Mining plc ("Anglo Asian" or the "Company") , the AIM listed gold, copper and silver producer focused in Azerbaijan , is pleased to announce that following the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

 
 Resolution           Votes for        %        Votes against       %  Votes withheld 
 Resolution 
  1                   6,762,309   95.64%              308,210   4.36%          26,341 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  2                   6,994,135   98.95%               74,027   1.05%          28,698 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  3                   5,699,336   80.52%            1,378,559  19.48%          18,965 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  4                   7,080,519  100.00%                    0   0.00%          16,341 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  5                   6,620,653   93.86%              432,866   6.14%          43,341 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  6                   6,369,774   90.31%              683,745   9.69%          43,341 
              -----------------  -------  -------------------  ------  -------------- 
 Resolution 
  7                   7,049,735   99.57%               30,769   0.43%          16,356 
              -----------------  -------  -------------------  ------  -------------- 
 

For further information please contact:

 
  Anglo Asian Mining plc 
                                             Tel: [phone] 
 Reza Vaziri, Chief Executive Officer         3350 
                                             Tel: [phone] 
 Bill Morgan, Chief Financial Officer         400 
                                             Tel: [phone] 
 Stephen Westhead, Vice President             894 
 
 SP Angel Corporate Finance LLP (Nominated   Tel: +44 (0) 20 
  Adviser and Broker)                         3470 0470 
  Ewan Leggat 
  Adam Cowl 
 
 Hudson Sandler (Financial PR)               Tel: +44 (0) 20 
  Charlie Jack                                7796 4133 
  Harry Griffiths 
 

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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June 22, 2023 09:42 ET (13:42 GMT)