Anglo Asian Mining PLC Payment of 2022 Interim Dividend (3735C)

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RNS Number : 3735C

Anglo Asian Mining PLC

10 October 2022

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

10 October 2022

Anglo Asian Mining plc

Payment of 2022 Interim Dividend

On 15 September 2022, the Directors of Anglo Asian Mining plc ("Anglo Asian", the "Company" or the "Group") announced an interim dividend in respect of the year ending 31 December 2022 of US 4.0 cents per ordinary share. This interim dividend is to be paid on 3 November 2022 to shareholders on the share register on 30 September 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 3 to 7 October 2022, being GBP1 = US$1.1249. Accordingly, the amount of sterling dividend payable in cash on 3 November 2022 will be:

3.5559 pence per ordinary share.

**ENDS**

For further information please contact:

 
 Reza Vaziri        Anglo Asian Mining plc          Tel: [phone] 
 Bill Morgan        Anglo Asian Mining plc          Tel: [phone] 
                   ------------------------------  ---------------------- 
 Stephen Westhead   Anglo Asian Mining plc          Tel: [phone] 
                   ------------------------------  ---------------------- 
 Ewan Leggat        SP Angel Corporate Finance      Tel: [phone] 
                     LLP                             0470 
                     Nominated Adviser and Broker 
                   ------------------------------  ---------------------- 
 Adam Cowl          SP Angel Corporate Finance      Tel + 44 (0) 20 3470 
                     LLP                             0470 
                     Nominated Adviser and Broker 
                   ------------------------------  ---------------------- 
 Charlie Jack       Hudson Sandler                  Tel: [phone] 
                                                     4133 
                   ------------------------------  ---------------------- 
 Harry Griffiths    Hudson Sandler                  Tel: [phone] 
                                                     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/

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October 10, 2022 08:35 ET (12:35 GMT)