Chaarat Gold Holdings Ltd EXERCISE OF WARRANTS AND ISSUE OF EQUITY (3571Y)
05 December 2017 - 6:00PM
UK Regulatory
TIDMCGH
RNS Number : 3571Y
Chaarat Gold Holdings Ltd
05 December 2017
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
EXERCISE OF WARRANTS AND ISSUE OF EQUITY
Road Town, Tortola, British Virgin Islands (5th December
2017)
Chaarat (AIM: CGH), the AIM quoted company developing the
Chaarat Gold Project in the Kyrgyz Republic, has received
notifications for the exercise of warrants over 50,000 ordinary
shares of US$ 0.01 each in the Company at an exercise price of
14.43p per share and 40,000 ordinary shares of US$ 0.01 each in the
Company at an exercise price of 15p per share. As a result, the
Company will receive proceeds of GBP13,215.
Application will be made to the London Stock Exchange to admit
the 90,000 new ordinary shares to trading on AIM. Admission of the
new ordinary shares is expected to occur on or around 11th December
2017. The new ordinary shares will rank pari passu with the
existing ordinary shares.
Following the issue of shares detailed above the enlarged issued
share capital of the Company will comprise 351,865,832 ordinary
shares of US$ 0.01 each. The above figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company, under the Disclosure
and Transparency Rules.
Enquiries:
Chaarat Gold Holdings
Limited + 44 (0) 20 7499 2612
Martin Andersson Chairman info@chaarat.com
Linda Naylor FD/Company
Secretary
Numis Securities Limited +44 (0) 20 7260 1000
John Prior, Paul Gillam
(NOMAD)
James Black (Broker)
About Chaarat Gold
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
long term, low-cost gold producer.
Chaarat aims to create value for its shareholders, employees and
communities 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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