TIDMCGH 
 
For immediate release 23 April 2009 
 
 
 
                      Chaarat Gold Holdings Ltd 
 
                    ("Chaarat" or "the Company") 
 
    Proposed placing of up to 19 million new ordinary shares (the 
                          'Placing Shares') 
 
Road Town, Tortola, British Virgin Islands (23 April 2009). 
 
Chaarat (AIM:CGH, "the Company") today announces, following the 
announcement of 2 April 2009, its intention to place up to 19 million 
new Ordinary Shares at 12p per share (the 'Placing'). 
 
The funds will be used to complete the Prefeasibility Study and 
continue to undertake other activities aimed at enhancing shareholder 
value. 
 
 
The Placing 
 
The placing of the Placing Shares is being conducted through a 
book-building process to be carried out by Canaccord Adams, who is 
acting as bookrunner in relation to the Placing. The timing of the 
closing of the books and allocations are at the discretion of Chaarat 
and Canaccord Adams. The number of Placing Shares to be placed in the 
book-building process will be agreed by Chaarat and Canaccord 
Adams at the close of the book-building process. Details of the 
number of Placing Shares will be announced as soon as practicable 
after the close of the book-building process. The Placing will not be 
underwritten. 
 
The Placing Shares will be issued credited as fully paid and will 
rank pari passu with the existing Ordinary Shares, including the 
right to receive all dividends and other distributions declared, made 
or paid on or in respect of such shares after the date of issue of 
the Placing Shares. 
 
Enquiries: 
 
 
Chaarat Gold Holdings Ltd 
c/o Central Asia Services Ltd Tel: +44 (0) 20 7499 2612 
Dekel Golan                   dekel@chaarat.com 
Harry Lopes                   harry.lopes@chaarat.com 
 
Canaccord Adams Limited       Tel:  +44 (0) 20 7050 6500 
Mike Jones 
 
 
Smith's Corporate Advisory    Tel: +44 (0) 20 7239 0140 
Dominic Palmer-Tomkinson      tomkinson@smiths-ca.com 
 
 
 
Disclaimer 
This press release includes forward-looking statements. Such 
forward-looking statements involve known and unknown risks, 
uncertainties and other important factors beyond Chaarat's control 
that would cause the actual results, performance or achievements of 
Chaarat to be materially different from future results, performance 
or achievements expressed or implied by such forward-looking 
statements. Such forward-looking statements are based on numerous 
assumptions regarding Chaarat's present and future business 
strategies and the environment in which Chaarat will operate in the 
future. Any forward-looking statements speak only as at the date of 
this document. Chaarat expressly disclaims any obligation or 
undertaking to disseminate any updates or revisions to any 
forward-looking statements contained in this document to reflect any 
change in Chaarat's expectations with regard to these or any change 
in events, conditions or circumstances on which any such statements 
are based. As a result of these factors, the events described in the 
forward-looking statements in this press release may not occur either 
partially or at all. 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.
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