For immediate release 11 May 2009
Chaarat Gold Holdings Ltd
("Chaarat" or "the Company")
Directors Dealings
Road Town, Tortola, British Virgin Islands (11 May 2009).
On 11 May 2009, the Company received notification that Mada Limited, a company related to Dekel
Golan, the Chief Executive Officer of the Company, purchased on the same day 2,083,333 Ordinary
Shares in the Company a price of 12p per share. Following the share purchase, Dekel Golan now has
an interest in 11,554,033 Ordinary Shares representing approximately 12.78% of the issued share
capital of the Company.
On 11 May 2009, the Company also received notification that Christopher Palmer-Tomkinson, the
non-executive Chairman of the Company, purchased on the same day 1,539,800 Ordinary Shares in the
Company a price of 12p per share. Following the share purchase, Christopher Palmer-Tomkinson now
has an interest in 5,875,000 Ordinary Shares representing approximately 6.5% of the issued share
capital of the Company.
On 11 May 2009, the Company also received notification that Trustees of EC Greene, of whom Oliver
Greene a non-executive Director of the Company is a beneficiary, purchased on the same day 120,000
Ordinary Shares in the Company a price of 12p per share. Following the share purchase, Oliver
Greene now has an interest in 120,000 Ordinary Shares representing approximately 0.13% of the
issued share capital of the Company.
About the Chaarat Gold Project
The Chaarat project is situated within the Middle Tien Shan Mountains of Kyrgyzstan which form
part of the Tien Shan gold belt. At the completion of the 2008 exploration season, a mineral
resource of 3.34Moz at a grade of 4.30 g/t gold (JORC compliant in the Indicated and Inferred
categories) had been delineated. The Company's exploration programme is aimed at increasing the
confidence levels in the resource through infill drilling through down-dip and along-strike
extension drilling whilst developing a pre-feasibility study to demonstrate the economic viability
of the deposit.
About Chaarat Gold Holdings or the Company
Chaarat Gold Holding is an exploration company founded for the purpose of developing the Chaarat
License Area. Chaarat was admitted to AIM on 8 November 2007.
Disclaimer
This press release includes forward-looking statements. Such forward-looking statements involve
known and unknown risks, uncertainties and other important factors beyond Chaarat's control that
would cause the actual results, performance or achievements of Chaarat to be materially different
from future results, performance or achievements expressed or implied by such forward-looking
statements. Such forward-looking statements are based on numerous assumptions regarding Chaarat's
present and future business strategies and the environment in which Chaarat will operate in the
future. Any forward-looking statements speak only as at the date of this document. Chaarat
expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any
forward-looking statements contained in this document to reflect any change in Chaarat's
expectations with regard to these or any change in events, conditions or circumstances on which
any such statements are based. As a result of these factors, the events described in the
forward-looking statements in this press release may not occur either partially or at all.
Enquiries:
Chaarat Gold Holdings Ltd
c/o Central Asia Services Ltd Tel: +44 (0) 20 7499 2612
Dekel Golan dekel@chaarat.com
Harry Lopes harry.lopes@chaarat.com
Canaccord Adams Limited Tel: +44 (0) 20 7050 6500
Mike Jones
Smith's Corporate Advisory Tel: +44 (0) 20 7239 0140
Dominic Palmer-Tomkinson tomkinson@smiths-ca.com
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