Issue of Equity
(Thomson Reuters ONE) -
Chaarat Gold Holdings Limited
("Chaarat" or "the Company")
EXERCISE OF OPTIONS
Road Town, Tortola, British Virgin Islands (21 July 2011)
Chaarat (AIM - CGH), the AIM quoted exploration and development company with
assets in the Kyrgyz Republic, announces that it has issued and allotted
127,500 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 26 July 2011.
The total number of shares in issue following the exercise of options is
250,477,868.
Further information about the Company:
Chaarat Gold Holdings Limited +44 (0) 20 7499 2612
c/o Central Asia Services Limited
Dekel Golan - CEO dekel(at)chaarat.com
Linda Naylor - Finance Director linda.naylor(at)chaarat.com
Westhouse Securities Limited +44 (0) 20 7601 6100
Tim Feather tim.feather(at)westhousesecurities.com
Richard Baty richard.baty(at)westhousesecurities.com
Bankside Consultants +44 (0) 20 7367 8888
Simon Rothschild simon.rothschild(at)bankside.com
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
Project (comprising the Contact Project and the Main Zone) and the Tulkubash
project 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 4.736Moz at a grade of 4.28g/t gold across both projects.
Chaarat's key objective is to become a low cost gold producer; with initial
production from the Tulkubash project, targeting annual production of over
200,000 ounces per annum as the Kiziltash Project comes on stream.
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#1532256]
Unternehmensinformation / Kurzprofil:
Datum: 21.07.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 56590
Anzahl Zeichen: 3051
contact information:
Town:
British Virgin Islands
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"Issue of Equity"
steht unter der journalistisch-redaktionellen Verantwortung von
Chaarat Gold Holdings Ltd (Nachricht senden)
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