News Column

Anglo Asian Mining plc - Posting of Report and Accounts and Notice of AGM

June 6, 2014



ENP Newswire - 06 June 2014

Release date- 05062014 - Anglo Asian Mining plc, the AIM listed gold, copper and silver production and exploration company in Azerbaijan, announces that its annual report and accounts for the year ended 31 December 2013 will be posted today to shareholders and is now available for download on the Company's website, www.angloasianmining.com.

The Company also announces that it has posted the Notice of Annual General meeting to shareholders today. The Company's Annual General Meeting will be held at 11.00am on 30 June 2014 at the offices of Squire Sanders (UK) LLP, 7 Devonshire Square, Cutlers Gardens, London EC2M 4YH.

For further information please visit www.angloasianmining.com

Contact:

Reza Vaziri

Anglo Asian Mining plc

Tel: +994 12 596 3350

Sean Duffy

Anglo Asian Mining plc

Tel: +994 12 596 3350

Ewan Leggat

SP Angel Corporate Finance LLP

Tel: +44 (0) 20 3463 2260

Laura Harrison

SP Angel Corporate Finance LLP

Tel: +44 (0) 20 3463 2260

Felicity Edwards

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

Lottie Brocklehurst

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

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 from 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 2013 from Gedabek totalled 52,068oz.

The Company is also developing a second mining operation within Azerbaijan, Gosha, which is 50km away from Gedabek. Gosha is being advanced with a view to developing a high grade underground gold mine, which is expected to produce circa 15,000-20,000 ounces of gold per annum once in full production. Due to the proximity of Gosha to Gedabek it gold ore produced at Gosha will be processed at Anglo Asian's Gedabek plant. Anglo Asian's Company production target for FY 2014 stands at 62,000-67,000 ounces 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 order to fulfill its expansion ambitions and become a mid-tier gold and base metal production company.


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Source: ENP Newswire


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