Chaarat Gold Holdings Ltd Issue of Equity (5215G)
July 27 2021 - 2:00AM
UK Regulatory
TIDMCGH
RNS Number : 5215G
Chaarat Gold Holdings Ltd
27 July 2021
27 July 2021
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Issue of Equity
Chaarat (AIM:CGH), the AIM-quoted gold mining company with
assets in the Kyrgyz Republic and Armenia, announces that, further
to the investment agreement announced on 21 June 2021, it has now
issued the 2,800,000 new ordinary shares of US$0.01 each in the
Company to Çiftay İn aat Taahhüt ve Ticaret A. . (the "Çiftay
Shares") .
Application has been made for the Çiftay Shares to be admitted
to trading on AIM, and it is expected that admission will become
effective and trading in the Çiftay Shares will commence on or
around 8:00am (London time) on 30 July 2021.
Following the admission of the Çiftay Shares, the Company's
enlarged issued share capital will comprise 689,412,153 ordinary
shares of US$0.01 each. This figure may be used by shareholders of
the Company as the denominator for the calculations by which they
will determine whether they are required to notify their interests
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules Sourcebook.
- ends -
Enquiries
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
Artem Volynets (CEO) 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
+44 (0)20 7886
Panmure Gordon (UK) Limited (Joint 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 with an initial focus on the
former Soviet Union 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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