Holding(s) in Company

RNS Number : 6311B

Chaarat Gold Holdings Ltd

06 March 2014

 

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Holding in Company

Road Town, Tortola, British Virgin Islands (6^th March 2014)

Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 5^th March that the Fasanara Capital Credit Strategies Fund holds 33,532,436 ordinary shares of US$0.01 each, representing 13.39% of the issued share capital of the Company.

Enquiries:  

Chaarat Gold Holdings Limited	+ 44 23 800 11747/+ 44 20 7499 2612
c/o Central Asia Services Limited	[e-mail]
Dekel Golan   CEO
Linda Naylor  FD
Numis Securities Limited	[phone]
John Prior, Stuart Skinner (NOMAD)
James Black (Broker)

Further information is available at www.chaarat.com

 

NOTES TO EDITORS:

About Chaarat Gold

Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic with a large, high grade resource which is capable of generating low cost gold production - the Chaarat Gold Project.

The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project. Chaarat is fully funded to complete a Definitive Feasibility Study (DFS) and continue its active community engagement programme to optimise the value of the Chaarat investment proposition.

Chaarat has several other promising prospects also located within the Kyrgyz Republic.

 

END

 

 

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