Business
Issue of New Shares - Replace
Issue of New Shares - Replace.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n RNS Number : 5562U Anglo Asian Mining PLC 18 October 2010 \n \n\nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n18 October 2010\nAnglo Asian Mining plc ('Anglo Asian' or 'the Company')\nReplacement Announcement - Issue of New Shares\n \nThe 'Issue of new shares' announcement released on 15 October 2010 at 16.26 under RNS No 5054U was released in error and should be disregarded in favour of the below announcement.\n \nAnglo Asian Mining plc, the AIM listed emerging gold producer, announces that it was today notified of the issue of 700,000 new ordinary shares pursuant to the exercise of options at a price of 4.75 pence by members of the Company's management team. Additionally 80,503 new ordinary shares of 29 pence each in Anglo Asian have been issued in lieu of employee bonuses. \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:\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. \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 a...