Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said it has received the $3.7 million proceeds from the vendor financing facility agreed with Caterpillar in May.
The facility agreement covers underground machines for the new Gilar mine in Azerbaijan.
In December, Anglo Asian's AIMC subsidiary took delivery and paid US$4.6 million for three R1700 underground loaders and two 980UMA underground loaders.