Holding(s) in Company

RNS Number : 1387H

Chaarat Gold Holdings Ltd

15 May 2014

 

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Holding in Company

Road Town, Tortola, British Virgin Islands (15^th May 2014)

Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 14^th May that the Fasanara Capital Credit Strategies Fund holds 37,679,018 ordinary shares of US$0.01 each, representing 15.04% of the issued share capital of the Company.

Enquiries:  

Chaarat Gold Holdings Limited	+ 44 23 800 11747
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 aims to create value for its shareholders, employees and communities from its high quality gold and mineral deposits in the Kyrgyz Republic by building relationships based on trust and operating to the best environmental, social and employment standards.

 

END

 

 

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