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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.08 | 2.84% | 2.90 | 2.80 | 3.00 | 2.90 | 2.90 | 2.90 | 856 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 92.35M | -8.58M | -0.0124 | -2.34 | 20M |
TIDMCGH
RNS Number : 8797M
Chaarat Gold Holdings Ltd
24 September 2021
24 September 2021
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Appointment of Chief Executive Officer
Further to the announcement made on 5 August 2021, Chaarat (AIM:CGH), the AIM-quoted gold mining Company, is pleased to announce the appointment of Mike Fraser to the Chaarat board as Chief Executive Officer with effect from 17 January 2022.
Mike brings over 20 years of extensive experience in the global mining and metals industry. In April 2018 he was appointed Chief Operating Officer of ASX-listed South32 Limited and prior to that he was President and Chief Operating Officer of its Africa region. During his time at South32 he has been directly responsible for the operations of underground mines, smelters, and project development. Throughout his career he has held a number of senior roles, including Human Resources President of dual LSE- and ASX-listed BHP Limited and Asset President of Mozal Aluminium in Mozambique.
Martin Andersson, Executive Chairman and Interim Chief Executive Officer of Chaarat, said: "Mike brings a wealth of mining and metals industry experience, and I am delighted that he is joining Chaarat. His impressive track record for driving operational performance and culture will mean he is well-equipped to drive our performance going forward.
Mike Fraser, incoming Chief Executive Officer, commented : "I am excited to be joining Chaarat and taking it onto its next stage of development."
Further information relating to the director appointment
Mr Michael (Mike) John Fraser (aged 56) has confirmed that, other than the information disclosed below there are no matters to be disclosed under Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules.
Current directorships/partnerships:
African Metals Proprietary Limited
Aluminium Management Company of Mozambique Proprietary Limited
Fraser Trust
Half Moon Investments
Hillside Aluminium Proprietary Limited
Hotazel Manganese Mines Proprietary Limited
Minerals Council South Africa
Mozal Community Development Trust
Mozal SA
Samancor Manganese Proprietary Limited
South32 Africa Proprietary Limited
South32 Coal Proprietary Limited
South32 SA Holdings Limited
South32 SA Limited
Previous directorships/partnerships held in the last five years:
Richards Bay Coal Terminal Proprietary Limited
Seriti Power Proprietary Limited
South32 Worsley Alumina Pty Ltd
Shareholding in the Company:
None
- ends -
Enquiries +44 (0)20 7499 Chaarat Gold Holdings Limited 2612 Martin Andersson (Executive Chairman) info@chaarat.com Canaccord Genuity Limited (NOMAD and + 44 (0)20 7523 Joint Broker) 8000 Henry Fitzgerald-O'Connor James Asensio +44 (0)20 7220 finnCap Limited (Joint Broker) 0500 Christopher Raggett Panmure Gordon (UK) Limited (Joint +44 (0)20 7886 Broker) 2500 John Prior Hugh Rich
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 the Former Soviet Union 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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September 24, 2021 02:00 ET (06:00 GMT)
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