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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Chaarat Gold Holdings Ltd | LSE:CGH | London | Ordinary Share | VGG203461055 | ORD USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.80 | 2.70 | 2.90 | 2.80 | 2.80 | 2.80 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 92.35M | -8.58M | -0.0124 | -2.26 | 19.31M |
TIDMCGH
RNS Number : 0495P
Chaarat Gold Holdings Ltd
09 October 2023
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR")
9 October 2023
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Resignation of Chief Executive Officer
Further to Friday's announcement regarding completion of the sale of the Company's Kapan mine, Chaarat announces the resignation of Mike Fraser as Chief Executive Officer and as a director of the Company . The Board has agreed to waive his six-month notice period and the resignation is therefore effective immediately.
Until the appointment of a successor to Mike, the Executive Chair, Martin Andersson, and the Chief Financial Officer, David Mackenzie, will lead the business.
Mike Fraser, Chief Executive Officer of Chaarat, said:
" Following the disposal of Kapan and the near-term focus on the development of Tulkubash and Kyzyltash it is an appropriate time to move forward with a simplified leadership structure for the Company. I would like to thank Martin Andersson, the Board, and the team at Chaarat for their support and guidance and wish Chaarat all the best in the future development of the Company. "
Martin Andersson, Executive Chair of Chaarat, said:
"On behalf of the Board I would like to take this opportunity to thank Mike for his service to Chaarat since joining in January 2022 and to wish every success in his future endeavours ."
Enquiries +44 (0)20 7499 Chaarat Gold Holdings Limited 2612 Martin Andersson (Executive Chair) IR@chaarat.com Canaccord Genuity Limited (NOMAD and + 44 (0)20 7523 Joint Broker) 8000 Henry Fitzgerald-O'Connor James Asensio Cavendish Capital Markets Limited (Joint +44 (0)20 7220 Broker) 0500 Neil McDonald Panmure Gordon (UK) Limited (Joint + 44 (0)20 7886 Broker) 2500 John Prior Hugh Rich
About Chaarat
Chaarat is an exploration and development company which owns the Tulkubash and Kyzyltash gold projects in the Kyrgyz Republic. The Company has a clear strategy to build a leading emerging markets gold company through organic growth and selective M&A.
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 .
ENDS
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(END) Dow Jones Newswires
October 09, 2023 02:00 ET (06:00 GMT)
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