Anglo Asian Mining plc (“Anglo Asian” or the “Company”), the AIM-listed gold, copper, and silver producer primarily focused in Azerbaijan, is pleased to announce it has made a fourth investment in Libero Copper & Gold Corporation (“Libero”) committing to acquire 3.2 million new shares at CAN 15 cents per share for a total consideration of CAN$480,000 (US$355,000), APA-Economics reports citing Anglo-Asian Mining.

The investment maintains the Company’s 19.8 percent. shareholding in Libero forms part of Libero’s recently launched private placement with gross proceeds of approximately CAN$2.5 million (US$1.9 million) to be used for exploration at the Mocoa and Esperanza copper porphyry projects in Colombia and Argentina, respectively.

Libero is listed on the TSX Venture Exchange (ticker LBC) and owns, or has the right to acquire, several copper exploration properties in North and South America, including Mocoa, one of the world’s largest undeveloped copper-molybdenum resources. Anglo Asian now holds 21.3 million common shares in Libero. Anglo Asian also holds a total of 12.1 million warrants exercisable at CAN 22 cents and CAN 75 cents per share.

Source: Azeri-Press News Agency