Anglo Asian Mining PLC Director Share Dealing (4203B)
January 06 2015 - 8:35AM
UK Regulatory
TIDMAAZ
RNS Number : 4203B
Anglo Asian Mining PLC
06 January 2015
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector:
Mining
6 January 2015
Anglo Asian Mining plc ('Anglo Asian' or 'the Company')
Director Share Dealing
Anglo Asian Mining plc, the AIM listed gold producer in
Azerbaijan, was notified on 6 January 2015 that Mr. Khosrow Zamani,
Non-executive Chairman of the Company, gifted a total of 200,000
ordinary shares of Anglo Asian ("Ordinary Shares") to members of
his family.
Mr. Zamani effected the transfer of the 200,000 Ordinary Shares
at a price of 6.625p per share on 31 December 2014.
Following the transaction, Mr Zamani remains interested in
593,184 ordinary shares in the Company representing 0.53% of the
issued ordinary share capital of the Company.
**ENDS**
For further information please visit www.angloasianmining.com or
contact:
Reza Vaziri Anglo Asian Mining plc Tel: +994 12 596 3350
-------------------- --------------------------- ----------------------
Bill Morgan Anglo Asian Mining plc Tel: +994 502 910 400
-------------------- --------------------------- ----------------------
Ewan Leggat SP Angel Corporate Finance Tel: +44 (0) 20 3470
LLP 0470
-------------------- --------------------------- ----------------------
Stuart Gledhill SP Angel Corporate Finance Tel: +44 (0) 20 3470
LLP 0470
-------------------- --------------------------- ----------------------
Felicity Winkles St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
-------------------- --------------------------- ----------------------
Lottie Brocklehurst St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
-------------------- --------------------------- ----------------------
Notes:
Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central
Asia with a broad portfolio of production and exploration assets in
Azerbaijan. The Company has a 1,962 square kilometre prospective
exploration portfolio, assembled from analysis of historic Soviet
geological data and held under a Production Sharing Agreement based
on the Azeri oil industry. The Company developed Azerbaijan's first
operating gold/copper/silver mine, Gedabek, which commenced gold
production in May 2009. Gold production for the year ended 31
December 2013 from Gedabek totalled 52,068 ounces. The Company is
also developing a second resource area, Gosha, which is 50
kilometres from Gedabek. Gosha is being advanced with a view to
developing a high grade underground gold mine. Due to the proximity
of Gosha to Gedabek, gold ore produced at Gosha is processed at
Anglo Asian's Gedabek plant. In addition, Gedabek is a polymetalic
deposit and its ore has a high copper content, and as a result the
Company produces copper concentrate through its Sulphidisation,
Acidification, Recycling, and Thickening plant. Anglo Asian is also
constructing a small scale, low capital expenditure flotation plant
to produce a copper and precious metal concentrate. This will
initially process ore from its existing stockpiles of sulphide ore
having a high copper content.
Anglo Asian is also actively looking to exploit its first mover
advantage in Azerbaijan to identify additional projects, as well as
looking for other properties in order to fulfil its expansion
ambitions and become a mid-tier gold and copper metal production
company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSBFMJTMBJMBJA
Anglo Asian Mining (LSE:AAZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Anglo Asian Mining (LSE:AAZ)
Historical Stock Chart
From Apr 2023 to Apr 2024