Result of AGM

By Regulatory News

Regulatory News | 18 May, 2021

Updated : 13:09

RNS Number : 0266Z

Chaarat Gold Holdings Ltd

18 May 2021

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Result of Annual General Meeting

Chaarat (AIM:CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, held its annual general meeting earlier today and in view of the COVID-19 pandemic it was held as a 'closed meeting' attended by the minimum necessary quorum of two shareholders. All resolutions were passed by the members entitled to vote. The results of the poll incorporating valid proxy votes lodged in advance of the meeting are set out below:

№	Resolution	For № of votes	Against № of votes	Withheld № of votes	Percentage of total votes in favour
1.	Approval of 2020 annual report	348,044,740	0	0	100.00%
2.	Re-election of Martin Andersson as a director	329,588,981	18,455,759	0	94.70%
3.	Re-election of Robert Edwards as a director	347,953,990	90,750	0	99.97%
4.	Re-appointment of BDO LLP as auditor	348,044,740	0	0	100%
5.	Remuneration of auditor	348,044,740	0	0	100%
6.	Authority to allot shares	329,588,981	18,455,759	0	94.70%
7.	Disapplication of pre-emption rights*	329,588,981	18,455,759	0	94.70%

Notes:

1.	Total ordinary shares in issue at the date of the meeting were 686,612,153.
2.	The poll results represent approximately 50.69% of the total number of ordinary shares in issue which carry voting rights of one vote per share.
3.	Any proxy appointments giving discretion to "the Chairman of the meeting" have been included in the "For" totals above.
4.	"Withheld" is not a vote in law and therefore is excluded from the calculation of the proportion of the votes for or against a resolution.
5.	* indicates a special resolution requiring a 75% majority.

The full text of the resolutions can be found in the notice of annual general meeting which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website https://www.chaarat.com/wp-content/uploads/2021/04/Chaarat-2021-NoM.pdf.

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Enquiries

Chaarat Gold Holdings Limited	+44 (0)20 7499 2612
Artem Volynets (CEO)	info@chaarat.com
Canaccord Genuity Limited (NOMAD and Joint Broker)	+44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio
finnCap Limited (Joint Broker)	+44 (0)20 7220 0500
Christopher Raggett
Panmure Gordon (UK) Limited (Joint Broker)	+44 (0)20 7886 2500
John Prior Hugh Rich

About Chaarat

Chaarat is a gold mining company which owns the Kapan operating mine in Armenia as well as the Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic. The Company has a clear strategy to build a leading emerging markets gold company with an initial focus on the former Soviet Union through organic growth and selective M&A.

Chaarat is engaged in active community engagement programmes to optimise the value of the Chaarat investment proposition.

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.

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Result of AGM

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