15 November 2021
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Resignation of Chief Financial Officer
Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an operating mine in Armenia and assets at various stages of development in the Kyrgyz Republic, announces that Chris Eger, Chief Financial Officer, will be leaving the business on 30 November 2021 to pursue other opportunities.
Chris leaves with the Board's appreciation and thanks for the role he has played in the development of Chaarat over the last three years.
The Company confirms that it is commencing the search for a successor and a further announcement will be made when a successor has been identified. In the meantime, the Company will continue to operate as usual with the existing management team assuming Chris' responsibilities.
Martin Andersson, Executive Chairman and Interim Chief Executive Officer of Chaarat said: "I would like to thank Chris for his work and dedication to Chaarat over the past three years and the Board wishes him well in his future endeavours."
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| Enquiries | |
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| Chaarat Gold Holdings Limited | +44 (0)20 7499 2612 |
| Martin Andersson (Executive Chairman) | |
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| Canaccord Genuity Limited (NOMAD and Joint Broker) | +44 (0)20 7523 8000 |
| Henry Fitzgerald-O'Connor | |
| James Asensio | |
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| finnCap Limited (Joint Broker) | +44 (0)20 7220 0500 |
| Christopher Raggett | |
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| Panmure Gordon (UK) Limited (Joint Broker) | +44 (0)20 7886 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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