Chaarat Gold Hlgs Ld (AIM:CGH) Statement re. Suspension

Chaarat (AIM:CGH), the AIM-quoted gold mining company with assets in the Kyrgyz Republic and Armenia, notes recent media speculation and confirms that it is in discussions regarding the potential acquisition (the “Acquisition”) of Lydian Armenia CJSC (the ” Target “) from Lydian Canada Ventures Corporation.

The proposed Acquisition would constitute a Reverse Takeover as defined under the AIM Rules, due (among other things) to the size of the Acquisition. Accordingly, trading in Chaarat’s shares will be suspended with immediate effect pending the publication of the required AIM Admission Document or an announcement that the potential Acquisition is not proceeding.

There is no certainty at this stage, that the proposed Acquisition will be completed. A further announcement will be made when appropriate.


Chaarat Gold Holdings Limited

+44 (0)20 7499 2612

Mike Fraser (CEO)

[email protected]

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.