Business
Issue of New Shares
Issue of New Shares.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n RNS Number : 1919Y Anglo Asian Mining PLC 28 August 2009 \n \nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n28 August 2009\n\nAnglo Asian Mining plc ('Anglo Asian' or 'the Company')\nIssue of new shares\n\nAnglo Asian announces the issue of 1,660,120 new ordinary shares of 1p each in the Company. The shares were issued in lieu of cash payments to certain creditors of the Company. The shares are expected to be admitted for trading on 1 September 2009.\n\n* * ENDS * *\n\nFor further information please visit www.aamining.com or contact:\n \n\n\n\n\nReza Vaziri\n\n\nAnglo Asian Mining plc\n\n\nTel: +994 12 596 3350\n\n\n\n\nAndrew Herbert\n\n\nAnglo Asian Mining plc\n\n\nTel: +994 12 596 3350\n\n\n\n\nJohn Harrison\n\n\nNumis Securities Limited, as Nominated Adviser\n\n\nTel: +44 (0) 20 7260 1000\n\n\n\n\nJames Black\n\n\nNumis Securities Limited, as Corporate Broker\n\n\nTel: +44 (0) 20 7260 1000\n\n\n\n\nHugo de Salis\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n\nFelicity Edwards\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n\n\nNotes to Editor:\nAnglo Asian Mining plc (AIM:AAZ) is an emerging gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 sq km prospective exploration portfolio, assembled on the back of analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry. The Company developed Azerbaijan's first operating gold/copper mine, Gedabek, which commenced gold production in May 2009 and is targeted to produce in excess of 300,000 oz gold in the first six years of production. \n\nAnglo Asian is actively looking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in Central Asia and Caucasia in order to fulfil its expansion ambitions and become a mid-tier gold and base metal production company focussed in these regions. \n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END IOEZGGZRGRNGLZM \...