Chaarat Gold Holdings Ltd Memorandum of Understanding with Kyrgyz Republic (3014V)
2023年12月1日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
TIDMCGH
RNS Number : 3014V
Chaarat Gold Holdings Ltd
01 December 2023
1 December 2023
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Memorandum of Understanding with Kyrgyz Republic
Chaarat Gold (AIM: CGH), the AIM-quoted gold mining company,
with development projects in the Kyrgyz Republic, is pleased to
announce the signing of a memorandum of understanding ("MOU") with
the government of Kyrgyz Republic. The Chaarat projects covered by
the agreement are Tulkubash, which contains resources of 1,011,000
oz (M&I and Inferred) and Kyzyltash, on the same license, which
has unconstrained resources of 5,377,000Oz (M&I and
Inferred)(1) (together, the "Chaarat Projects").
The MOU sets out the framework for collaboration going forward
and further reinforces the Stabilization Agreement signed in 2019
between Chaarat and Kyrgyz Republic. The Kyrgyz Republic confirms
its commitment to facilitating the development of the Chaarat
Projects and to provide collaboration to increase investment into
the country.
Chaarat is working closely with the government of the Kyrgyz
Republic in its efforts to improve the investment climate in the
country and recently:
-- Chaarat presented at the Minex Eurasian conference in London,
where the MOU was signed. The presentation and further detail can
be found in the Memorandum of Understanding presentation, which is
now available on the Chaarat website.
-- Chaarat arranged meetings for the government delegation with
a range of international partners during their visit to the UK.
-- Chaarat's representative co-chaired the inaugural
British-Kyrgyz Business Council on 28(th) November 2023 which was
attended by; Nusrat Ghani, who currently serves as Minister of
State for Industry and Economic Security for the UK Government and
the Kyrgyz Republic delegation led by Prime Minister Akylbek
Japarov.
Chaarat notes the government's commitment towards attracting
investment and Chaarat will support the Kyrgyz Republic in actively
promoting its initiatives internationally. Chaarat continues to
work towards completing financing for the Tulkubash project, which
is expected to be by the end of Q1 2024.
David Mackenzie, Chief Financial Officer of Chaarat, said:
"The Company is pleased to see the continued progress being made
by the Kyrgyz Republic in highlighting the country's attractiveness
to international investment. The memorandum of understanding
actively promotes further development of Chaarat's gold projects.
The specific actions highlighted, with regards to facilitating the
progression of Chaarat projects and reinforcing the Stabilisation
Agreement, further highlights the stable fiscal and taxation
conditions in country. Chaarat now looks forward to completing the
financing of its Phase 1 Tulkubash project in the near term"
(1) Per the 2022 annual report, which also includes details of
JORC compliant ore reserves at Tulkubash, and can be found on
Chaarat's website.
For further information visit www.chaarat.com or please
contact:
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
David Mackenzie (Chief Financial Officer) IR@chaarat.com
+ 44 (0)20 7409
Strand Hanson Limited (Nominated Adviser) 3494
Ritchie Balmer / James Spinney / Robert
Collins
Axis Capital Markets Limited (Joint +44 (0)20 3026
Broker) 0449
Ben Tadd / Lewis Jones
Panmure Gordon (UK) Limited (Joint + 44 (0)20 7886
Broker) 2500
John Prior / Hugh Rich
About Charaat
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCWPGRCGUPWGRU
(END) Dow Jones Newswires
December 01, 2023 02:00 ET (07:00 GMT)
Chaarat Gold (AQSE:CGH.GB)
過去 株価チャート
から 8 2024 まで 9 2024
Chaarat Gold (AQSE:CGH.GB)
過去 株価チャート
から 9 2023 まで 9 2024