Anglo Asian gives up board seat on Libero board
Anglo Asian Mining
63.00p
16:49 26/04/24
2.44%
1.50p
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
755.28
17:14 26/04/24
n/a
n/a
Mining
10,486.86
16:59 26/04/24
0.80%
83.12
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.