AzerGold’s Supervisory Board held its next meeting

AzerGold Closed Joint-Stock Company’s Supervisory Board had its successive meeting. The meeting was attended by the members of the Supervisory Board, the Chairman and members of the Executive Board of AzerGold.

The revisions to the Company's revenue and expenditure estimates for 2021, “Hedging Rules for the minimization of the negative impacts of market prices on the revenues from gold sale” were discussed and approved in the meeting. Furthermore, the relevant decisions were made to approve the company's strategic analysis on the prospects of non-ferrous metal deposits in the liberated territories of Azerbaijan, the operation of the Dashkasan iron ore deposit and other changes to the Company's development strategy until 2035.