Director Dealings

RNS Number : 2485Z

Anglo Asian Mining PLC

11 January 2011

 



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

11 January 2011

Anglo Asian Mining plc ('Anglo Asian' or 'the Company')

Director Dealings

Anglo Asian Mining plc, the AIM listed gold producer, announces that it was informed on Monday 10 January 2011 that Mr Richard Round, a non-executive director of the Company, had sold 60,000 shares in the Company at a price of 78.5 pence each on 10 January 2011.  Following this transaction, Mr Round holds 153,958 shares in the Company.

**ENDS**

For further information please visit www.aamining.com or contact:

Reza Vaziri	Anglo Asian Mining plc	Tel: [phone]
Andrew Herbert	Anglo Asian Mining plc	Tel: [phone]
John Harrison	Numis Securities Limited, as Nominated Adviser	Tel: [phone]
James Black	Numis Securities Limited, as Corporate Broker	Tel: [phone]
Felicity Edwards	St Brides Media & Finance Ltd	Tel: [phone]
Hugo de Salis	St Brides Media & Finance Ltd	Tel: [phone]

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 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.  Gold production for the year ended 31 December 2010 totalled 67,267 oz of gold.

Anglo 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.

 

END

 

 

RDSKFLBFFFFFBBL