Issue of Equity
(Thomson Reuters ONE) -
Chaarat Gold Holdings Limited
("Chaarat" or "the Company")
EXERCISE OF OPTIONS
Road Town, Tortola, British Virgin Islands (31 May 2010)
Chaarat (AIM - CGH), the AIM quoted exploration and development company with
assets in the Kyrgyz Republic, announces that it has issued and allotted 26,000
new ordinary shares of US$0.01 in the Company following the exercise of share
options with an exercise price of 25p.
An application for admission of the new shares to trading on AIM has been
submitted and trading is expected to commence on 2 June 2011.
The total number of shares in issue following the exercise of options is
250,350,368.
Further information about the Company:
Chaarat Gold Holdings Limited +44 (0) 20 7499 2612
c/o Central Asia Services Limited dekel(at)chaarat.com
linda.naylor(at)chaarat.com
Westhouse Securities Limited +44 (0) 20 7601 6100
Tim Feather tim.feather(at)westhousesecurities.com
Richard richard.baty(at)westhousesecurities.com
Baty
Note to Editors:
About Chaarat Gold
Chaarat Gold is an exploration and development company operating in the Kyrgyz
Republic. The Company's main activity is the development of the Kiziltash and
Tulkubash projects situated within the Middle Tien Shan Mountains of Kyrgyzstan,
which form part of the Tien Shan gold belt. The Company has delineated a JORC
compliant mineral resource of 4.406Moz at a grade of 4.20g/t gold across both
projects. The Company is currently in the process of compiling a Pre-
Feasibility study, incorporating both projects. Chaarat's key objective is to
become a low cost gold producer; with initial production from the Tulkubash
project, targeting increased production of over 200,000 ounces per annum from
the Kiziltash project.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE
[HUG#1520322]
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2011 - 16:09 Uhr
Sprache: Deutsch
News-ID 55173
Anzahl Zeichen: 2882
contact information:
Town:
British Virgin Islands
Kategorie:
Business News
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"Issue of Equity"
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Chaarat Gold Holdings Ltd (Nachricht senden)
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