Chaarat Gold prepares for cancellation of its trading

Chaarat Gold Mining Company (EN:CGH) released an update.

Chaarat Gold Holdings Limited, a mining company with projects in the Kyrgyz Republic, is considering proposing to cancel trading on AIM, with a transition to a secondary trading system via Asset Match if approved by shareholders. The company’s cash balance currently stands at approximately US$0.4 million, which is sufficient until the cancellation date of 16 August 2024. Shareholders are urged to vote in favour of the proposed resolutions to avoid the immediate insolvency of the company, which would likely result in a total loss of investment value.

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