Chariot (AIM: CHAR), the African focused transitional energy group, is pleased to confirm that, further to the Company s announcement on 25 May 2021, a Circular containing details of the Placing, Subscription and Open Offer, together with the Notice of General Meeting (the Circular ), has today been posted to Shareholders. A copy of the Circular will be available shortly on the Company s website . The Company announced on 25 May 2021 that it had conditionally raised gross proceeds of US$16.5 million (£11.7 million) through the successful Placing of and Subscription for 212,553,929 of New Ordinary Shares, at the Issue Price of 5.5 pence per Ordinary Share. Furthermore, it proposed to raise up to a further US$5 million (£3.5 million) by the issue of New Ordinary Shares pursuant to an Open Offer to Qualifying Shareholders at the Issue Price.