Chaarat Gold Holdings Ltd Update on potential acquisition (3683F)
October 26 2018 - 10:09AM
UK Regulatory
TIDMCGH
RNS Number : 3683F
Chaarat Gold Holdings Ltd
26 October 2018
26 October 2018
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
Not for release, publication or distribution to United States
newswire services or for release, publication or dissemination in
the United States and does not constitute an offer of the
securities herein.
This press release does not constitute an offer to sell, or a
solicitation of an offer to buy, securities in the United States or
any other jurisdiction. Any securities described in this press
release have not been, and will not be, registered under the US
Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent registration except in transactions
exempt from, or not subject to, registration under the US
Securities Act and applicable US state securities laws. There is no
public offering of the securities in the United States expected.
Any public offering of securities to be made in the United States
will be made by means of a prospectus that may be obtained from
Chaarat and that will contain detailed information about Chaarat
and management, as well as financial statements.
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Update on potential acquisition
Chaarat (AIM: CGH), the AIM-quoted exploration and development
company with assets in the Kyrgyz Republic, notes the speculation
in today's press and confirms that the medium-sized polymetallic
asset in the Commonwealth of Independent States referred to in its
announcement of 28 August 2018 is the Kapan Mining and Processing
Company CJSC. At this stage there can be no certainty that the
potential acquisition will be completed. Should agreement be
reached, the Company plans to sign the sale and purchase agreement
as soon as practicable. A further announcement will be made in due
course.
Enquiries
Chaarat Gold Holdings Limited
Martin Andersson (Chairman) +44 (0)20 7499 2612
Artem Volynets (CEO) info@chaarat.com
Numis Securities Limited
John Prior, Paul Gillam (NOMAD) +44 (0) 20 7260 1000
James Black (Corporate Broking)
Powerscourt
Conal Walsh +44 (0)20 7250 1446
Matthew Attwood chaarat@powerscourt-group.com
Isabelle Saber
About Chaarat Gold
Chaarat Gold is an exploration and development company operating
in the Kyrgyz Republic with a large, high grade resource - the
Chaarat Gold Project. The Company's key objective is to become a
low-cost gold producer generating significant production from the
development of the Chaarat Gold Project. Chaarat is engaged in an
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.
Further information is available at www.chaarat.com
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contact rns@lseg.com or visit www.rns.com.
END
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