Issue of US$15 million short term SSCLN

RNS Number : 4781D

Chaarat Gold Holdings Ltd

27 April 2017

 

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 or to a U.S. person (as defined in Regulation S under the US Securities Act) except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws.  There will be no public offering of the securities in the United States.

Chaarat Gold Holdings Limited

("Chaarat", "Chaarat Gold" or "the Company")

Issue of US$15 million short term senior secured convertible loan notes

Road Town, Tortola, British Virgin Islands (27^th April 2017).

Chaarat (AIM:CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, is pleased to announce that, following the settlement of payments, it has now completed the issue of US$ 15 million short term senior secured convertible loan notes, as referred to in the announcements of 12^th April 2017.

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, Paul Gillam (NOMAD)
James Black (Broker)

NOTES TO EDITORS:

About Chaarat

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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