Chaarat Gold Holdings Ltd Resignation of Chief Executive Officer (0495P)
09 Octobre 2023 - 8:00AM
UK Regulatory
TIDMCGH
RNS Number : 0495P
Chaarat Gold Holdings Ltd
09 October 2023
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE
PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014
AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018 ("MAR")
9 October 2023
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Resignation of Chief Executive Officer
Further to Friday's announcement regarding completion of the
sale of the Company's Kapan mine, Chaarat announces the resignation
of Mike Fraser as Chief Executive Officer and as a director of the
Company . The Board has agreed to waive his six-month notice period
and the resignation is therefore effective immediately.
Until the appointment of a successor to Mike, the Executive
Chair, Martin Andersson, and the Chief Financial Officer, David
Mackenzie, will lead the business.
Mike Fraser, Chief Executive Officer of Chaarat, said:
" Following the disposal of Kapan and the near-term focus on the
development of Tulkubash and Kyzyltash it is an appropriate time to
move forward with a simplified leadership structure for the
Company. I would like to thank Martin Andersson, the Board, and the
team at Chaarat for their support and guidance and wish Chaarat all
the best in the future development of the Company. "
Martin Andersson, Executive Chair of Chaarat, said:
"On behalf of the Board I would like to take this opportunity to
thank Mike for his service to Chaarat since joining in January 2022
and to wish every success in his future endeavours ."
Enquiries
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
Martin Andersson (Executive Chair) IR@chaarat.com
Canaccord Genuity Limited (NOMAD and + 44 (0)20 7523
Joint Broker) 8000
Henry Fitzgerald-O'Connor
James Asensio
Cavendish Capital Markets Limited (Joint +44 (0)20 7220
Broker) 0500
Neil McDonald
Panmure Gordon (UK) Limited (Joint + 44 (0)20 7886
Broker) 2500
John Prior
Hugh Rich
About Chaarat
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. Further information
is available at www.chaarat.com .
ENDS
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END
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