Director's dealings

RNS Number : 0905T

Chaarat Gold Holdings Ltd

10 December 2012

 

Chaarat Gold Holdings Limited

("Chaarat" or "the Company")

Director's dealings

Road Town, Tortola, British Virgin Islands (10 December 2012)

Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was notified on 7 December that on that day Linda Naylor, the Finance Director of the Company, purchased an aggregate of 100,000 ordinary shares of US$0.01 each ("Share(s)") in the Company at a price of 19.75p per Share.  Following this purchase, Linda Naylor has a beneficial interest in 728,000 Shares representing approximately 0.29% of Chaarat's issued share capital.

Enquiries:  

Chaarat Gold Holdings Limited		[phone]
c/o Central Asia Services Limited
Dekel Golan   CEO		[e-mail]
Linda Naylor  FD		[e-mail]
Numis Securities Limited		[phone]
Alastair Stratton, Stuart Skinner (NOMAD)
James Black (Broker)
College Hill		[phone]
Matthew Tyler		[e-mail]
Anca Spiridon
Ali Roper

 

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. Situated in the highly prospective Tien Shan gold belt the Company's principal strategy is the development of the Chaarat Gold Project with first gold production targeted during 2013. Chaarat's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces.

In addition to the Chaarat Gold Project, the Company has several other promising prospects also located within the Kyrgyz Republic. An exploration programme is underway at both the Company's Chontash project, located in the Akshirak range of mountains, as well as at the Mironovskoye asset.

 

END

 

 

RDSEAEANEANAFAF