Anglo Asian Mining Announces Major Share Transfer

Anglo Asian Mining (GB:AAZ) has released an update.

Anglo Asian Mining PLC, the AIM-listed producer of gold, copper, and silver, has announced a significant share transfer involving Non-Executive Director Governor John Sununu and Sununu Holdings LLC, which is managed by Michael Sununu, another Non-Executive Director. Governor Sununu has transferred over 9 million shares to the family asset holding company, retaining an interest in 1.4% of the company, while Sununu Holdings LLC now holds an 8% interest. The company is on a strategic path to become a mid-tier copper and gold producer by 2028, with plans to develop four new mines within the next five years.

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