Chaarat Gold Holdings Ltd Change of auditor (5983M)
January 13 2023 - 2:00AM
UK Regulatory
TIDMCGH
RNS Number : 5983M
Chaarat Gold Holdings Ltd
13 January 2023
13 January 2023
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Change of auditor
Chaarat (AIM:CGH), the AIM-quoted gold mining company with an
operating mine in Armenia and assets at various stages of
development in the Kyrgyz Republic announces the resignation of
Deloitte LLP ("Deloitte") as auditor and the appointment of
MacIntyre Hudson LLP t/a MHA Macintyre Hudson, the UK member of
Baker Tilly International, ("MHA") as its new auditor with
immediate effect.
The resignation of Deloitte follows the closure of its office in
Armenia which is the location of a significant portion of Chaarat's
operations. Deloitte was unable to identify an approach that would
enable it to perform the Group's audit for the year ended 31
December 2022 to the required level of audit quality given the
significance of Chaarat's Armenian operations to the Company.
Deloitte has therefore formally resigned.
MHA will conduct the audit of the Company's financial statements
for the financial year to 31 December 2022. The appointment of MHA
as auditor for the following financial year will be subject to
approval by shareholders at the next Annual General Meeting of the
Company to be held in 2023.
The Board looks forward to working with MacIntyre Hudson. The
Board wishes to take this opportunity to thank Deloitte for its
services and support since its appointment in October 2021.
- ends -
Enquiries
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
Mike Fraser (Chief Executive Officer) info@chaarat.com
Canaccord Genuity Limited (NOMAD and + 44 (0)20 7523
Joint Broker) 8000
Henry Fitzgerald-O'Connor
James Asensio
+44 (0)20 7220
finnCap Limited (Joint Broker) 0500
Christopher Raggett
Panmure Gordon (UK) Limited (Joint +44 (0)20 7886
Broker) 2500
John Prior
Hugh Rich
About Chaarat
Chaarat is a gold mining company which owns the Kapan operating
mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in
the Kyrgyz Republic. The Company has a clear strategy to build a
leading emerging markets gold company through organic growth and
selective M&A.
Chaarat is engaged in active community engagement programmes 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 by
building relationships based on trust and operating to the best
environmental, social and employment standards. Further information
is available at www.chaarat.com/ .
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END
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