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Investegate |Chaarat Gold Hlgs Ld Announcements | Chaarat Gold Hlgs Ld: Fundraise and Planned Debt Reduction


 
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ( MAR ).
Not for release, publication, or distribution to United States newswire services or for release, publication or dissemination in the United States and does not constitute an offer of the securities herein.
 
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws. There is no public offering of the securities in the Uni ....

United States , City Of , United Kingdom , Kyrgyz Republic , James Asensio , Henry Fitzgerald Oconnor , Artem Volynets , John Prior , Christopher Raggett , Canaccord Genuity Limited , Financial Conduct Authority Disclosure Guidance , London Stock Exchange , Labro Investments Ltd , Company The New Ordinary , Panmure Gordon United Kingdom Limited Joint Broker , Chaarat Gold Holdings , Moscow Stock Exchange , Company Kyzyltash , Cap Limited Joint Broker , Market Abuse Regulations , Gold Holdings Limited , Planned Debt , New Ordinary Share , Ordinary Shares , Initial Subscription , Labro Investments ,

Investegate |Chaarat Gold Hlgs Ld Announcements | Chaarat Gold Hlgs Ld: FY 2020 Production, Operational & Financial Update


 
· FY 2020 production guidance of 55 thousand gold ounces equivalent ( koz ) exceeded by 6%, finishing the year at 58.2 koz despite the ongoing COVID-19 situation and hostilities in H2 of 2020.
 
· Exceeded processing target of 50 thousand tonnes ( kt ) for third party ore by 17.8 kt (+36%) in 2020, contributing significantly to exceeding the production guidance of  55 koz.
 
· All-in-sustaining cost ( AISC
 
· A 50% increase in unaudited preliminary stand-alone EBITDA contribution of approximately USD 19 million at Kapan level in 2020 before group accounting adjustments and non-cash items (2019: USD 12.7 million).
 
· Peace deal signed in November 2020 between Armenia and Azerbaijan led to stabilisation in country resuming sooner than expected.
 
· Limited impact from the COVID-19 pandemic with effective management protocols in place since February 2020 continuing at all of Chaarat s as ....

Kyrgyz Republic , James Asensio , Henry Fitzgerald Oconnor , Koz Aueq , Artem Volynets , John Prior , Christopher Raggett , Kyzyltash Development , Canaccord Genuity Limited , Labro Investments Ltd , Panmure Gordon United Kingdom Limited Joint Broker , Chaarat Gold Holdings , Party Ore , Tulkubash Development , International Council Of Metals , Cap Limited Joint Broker , Kapan Mine , Labro Investments , Lost Time Injuries , International Council , Detailed Design Drawings , Dry Valley , Social Impact Assessment , Kapan East Flank , Full Year Results , Chief Executive Officer ,