Anglo Asian gives up board seat on Libero board
Anglo Asian Mining
106.00p
16:55 20/12/24
3.41%
3.50p
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced the resignation of non-executive director Michael Sununu from the board of Libero Copper & Gold on Friday.
FTSE AIM All-Share
710.60
17:04 20/12/24
n/a
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Mining
10,313.46
17:14 20/12/24
1.14%
116.22
The AIM-traded firm said the resignation came as its holding in Libero decreased to 5.7%, falling below the 9.9% threshold required to maintain a director position on the board.
It put the reduction in its stake in Libero down to its non-participation in several recent financing rounds.
At 1208 GMT, shares in Anglo Asian Mining were down 0.43% at 57.75p.
Reporting by Josh White for Sharecast.com.