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ANGLO ASIAN MINING PLC

Board/Management Information Nov 11, 2024

7486_rns_2024-11-11_3becda4e-090e-4989-a447-b1c248f78809.html

Board/Management Information

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National Storage Mechanism | Additional information

RNS Number : 5921L

Anglo Asian Mining PLC

11 November 2024

11 November 2024

Anglo Asian Mining PLC

Change of Auditor

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces the appointment of BDO LLP ("BDO") as the Company's new auditor, succeeding Ernst & Young LLP, with immediate effect.

BDO will conduct the audit of the Company's financial statements for the financial year ending 31 December 2024 and a proposal to reappoint them as auditors of the Company will be subject to the approval of shareholders at the 2025 Annual General Meeting.

For further information please contact:

Anglo Asian Mining plc
Reza Vaziri, Chief Executive Officer Tel: +994 12 596 3350
Bill Morgan, Chief Financial Officer Tel: +994 502 910 400
Stephen Westhead, Vice President Tel: +994 502 916 894
SP Angel Corporate Finance LLP  (Nominated Adviser and Broker)

Ewan Leggat

Adam Cowl
Tel: +44 (0) 20 3470 0470
Hudson Sandler  (Financial PR)

Charlie Jack

Harry Griffiths
Tel: +44 (0)  20 7796 4133

About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 31,821 gold equivalent ounces ("GEOs") for the year ended 31 December 2023. 

On 30 March 2023, the Company published its strategic plan for growth which shows a clearly defined path for the Company to transition to a multi-asset, mid-tier, copper and gold producer by 2028, by which time copper will be the principal product of the Company, with forecast production of around 36,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during the period 2024 to 2028 at Zafar, Gilar, Xarxar and Garadag. 

https://www.angloasianmining.com/

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