Holding(s) in Company

RNS Number : 0000D
Anglo Asian Mining PLC
15 March 2011
 



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

15 March 2011

 

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

Holding(s) in Company

 

Anglo Asian Mining, the AIM listed gold producer, received notification on 11 March 2011, that RCF Management LLC no longer has a notifiable interest in the share capital of the Company.  

 

**ENDS**

 

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

           

Reza Vaziri

Anglo Asian Mining plc

Tel: +994 12 596 3350

Andrew Herbert

Anglo Asian Mining plc

Tel: +994 12 596 3350

John Harrison

Numis Securities Limited, as Nominated Adviser

Tel: +44 (0) 20 7260 1000

James Black

Numis Securities Limited, as Corporate Broker

Tel: +44 (0) 20 7260 1000

Felicity Edwards

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

Hugo de Salis

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 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 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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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