Azerbaijani gold miner bought shares from abroad

15:59 - 23.12.2021


December 23, Fineko/abc.az. Anglo Asian Mining plc, engaged in the production of gold, copper and silver in Azerbaijan, acquired 14.18% of ordinary shares issued by Canadian mineral exploration company Libero Copper & Gold Corporation (Libero).

ABC.AZ informs that the company acquired 5.6 million shares for a total of $2.8 million at $0.5 per share.

Anglo-Asian Mining produces gold in Azerbaijan under a PSA-type agreement (on the production share distribution) signed on 21 August 1997.

Azerbaijan's share in the agreement is 51%, and Anglo Asian Mining Plc. - 49%.