Kyrgyz Republic update

RNS Number : 4345B

Chaarat Gold Holdings Ltd

08 October 2020

 

08 October 2020

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Chaarat Gold - Kyrgyz Republic update

Chaarat Gold (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, provides an update on the current situation in Kyrgyz Republic.

Following the recent political disruptions in the Kyrgyz Republic, Chaarat confirms that its projects in the country have not been materially impacted.  Nevertheless, the Company has taken preliminary precautionary measures to ensure the continued safety of its personnel and operations.

The Company will provide an update on the situation as and when appropriate.

Enquiries
Chaarat Gold Holdings Limited	[phone]
Artem Volynets (CEO)	[e-mail]
Canaccord Genuity Limited (NOMAD and Joint Broker)	+ 44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio
finnCap Limited (Joint Broker)	[phone]
Christopher Raggett
SP Angel Corporate Finance LLP (Joint Broker)	+ 44 (0)20 3470 0470
Ewan Leggat

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 Central Asia and the FSU 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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