CGH Chaarat Gold Holdings Ltd

 
TIDMCGH 
 
Chaarat Gold Holdings Ltd 
 
                              (AIM:CGH) 
 
                    ("Chaarat" or "the Company") 
 
Receipt of Chinese regulatory approval and application for admission 
                     of shares to trading on AIM 
 
 
Road Town, Tortola, British Virgin Islands (8 September 2009). 
 
Further to the announcement on 13 July 2009, Chaarat today announces 
that regulatory approval of the Chinese Government to the 
subscription by China Nonferrous Metals Int'l Mining Co Ltd ("CNMIM") 
for 22,469,289 shares ("Placing Shares") at 25p in the Company has 
been received. 
 
Accordingly the Company has applied for the Placing Shares to be 
admitted to trading on the AIM market of the London Stock Exchange 
and it is expected that Admission will take place and that trading 
will commence in such shares on or about 14 September 2009. 
 
The Placing Shares are being issued credited as fully paid and will 
rank pari passu with the existing Ordinary Shares. 
 
Following the admission of the Placing Shares, the Company's existing 
issued share capital will increase from 90,441,714 Ordinary Shares of 
$0.01 each to 112,911,003 Ordinary Shares ("Enlarged Share 
Capital").  As such, the total number of voting rights which will be 
attached to the Enlarged Share Capital on the basis of one vote per 
Ordinary Share will be 112,911,003. 
 
The above voting rights figure may be used by shareholders as the 
denominator for the calculations by which they will determine whether 
they are required to notify their interests in, or a change to their 
interest in, the Company, under the Financial Services Authority's 
Disclosure and Transparency Rules. 
 
Dekel Golan CEO comments: "I am delighted to welcome CNMIM as 
shareholders and look forward to their contribution in taking the 
Chaarat project towards development. This investment, together with 
the Placing in May, will fund the Company through to completion of a 
full feasibility study". 
 
About the Chaarat Gold Project 
The Chaarat project is situated within the Middle Tien Shan Mountains 
of Kyrgyzstan which form part of the Tien Shan gold belt.  At the 
completion of the 2008 exploration season a mineral resource of 
3.34Moz at a grade of 4.30 g/t gold (JORC compliant in the Indicated 
and Inferred categories) had been delineated. The Company's 
exploration programme is aimed at increasing the confidence levels in 
the resource through infill drilling through down-dip and 
along-strike extension drilling whilst developing a pre-feasibility 
study to demonstrate the economic viability of the deposit. 
 
About Chaarat Gold Holdings or the Company 
 
Chaarat Gold Holdings is an exploration company founded for the 
purpose of developing the Chaarat License Area. Chaarat was admitted 
to AIM on 8 November 2007. 
 
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. 
 
Enquiries 
 
Chaarat Gold Holdings Ltd 
c/o Central Asia Services Ltd +44 (0) 20 7499 2612 
Dekel Golan                   dekel@chaarat.com 
Linda Naylor                  Linda.naylor@chaarat.com 
 
Canaccord Adams Limited       +44 (0) 20 7050 6500 
Mike Jones 
 
Smith's Corporate Advisory    +44 (0) 20 7239 0140 
Dominic Palmer-Tomkinson      tomkinson@smiths-ca.com 
 
Conduit PR                    +44 (0) 20 7429 6666 
Edward Portman                ed@conduitpr.com 
 
=--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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