Chaarat Gold : Appointment of Joint Broker & Director Holding

RNS Number : 0445F

Chaarat Gold Holdings Ltd

05 March 2020

5 March 2020

Chaarat Gold Holdings Limited ("Chaarat" or the "Company")

Appointment of Joint Broker

Chaarat (AIM:CGH), the AIM-quoted gold mining company with assets in the Kyrgyz Republic and Armenia, is pleased to announce the appointment of finnCap Limited ("finnCap") as joint corporate broker to the Company with immediate effect.

finnCap will work as joint corporate broker together with the Company's existing brokers Numis Securities Limited and SP Angel Corporate Finance LLP.

Correction to notification of transactions of directors

The Company has been informed that its notification made on 6 January 2020 (RNS number 7637Y) overstated the number of ordinary shares that had vested under the Company's Management Incentive Plan in relation to Robert Benbow by 29,638 shares. The correct number of shares that vested in relation to Mr Benbow was 167,946 (and not 197,584 as previously notified).

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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