RNS Number : 6384DAnglo Asian Mining PLC22 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

Reza Vaziri, Chief Executive Officer

Tel: +994 12 596 3350

Bill Morgan, Chief Financial Officer

Tel: +994 502 910 400

Stephen Westhead, Vice President

Tel: +994 502 916 894

SP Angel Corporate Finance LLP(Nominated Adviser and Broker)

Ewan Leggat

Adam Cowl

Tel: +44 (0) 20 3470 0470

Hudson Sandler(Financial PR)

Charlie Jack

Harry Griffiths

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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