White paper on proposed offer for the Kumtor Mine

6 June 2018

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Release of white paper on proposed offer for the Kumtor Mine

Chaarat (AIM: CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, today announces the release of a presentation in respect of its proposal to acquire the Kumtor mine.

Chaarat strongly believes that the proposal is attractive for all stakeholders - including the people and government of the Kyrgyz Republic, Centerra and its shareholders, and Chaarat's own investors.

Please see below a link to the presentation.

http://www.rns-pdf.londonstockexchange.com/rns/5334Q_-2018-6-6.pdf

Enquiries

Chaarat Gold Holdings Limited

Martin Andersson (Chairman) +44 (0)20 7499 2612

Linda Naylor (FD/Company Secretary) [email protected] 

Numis Securities Limited

John Prior, Paul Gillam (NOMAD) +44 (0) 20 7260 1000

James Black (Corporate Broking)

BMO Capital Markets Limited

Jeffrey Couch, Neil Haycock,

Thomas Rider (Joint Broker) +44 (0) 20 7236 1010

Powerscourt

Conal Walsh +44 (0)7912 515 089

Matthew Attwood +44 (0)7864 607 220

Isabelle Saber +44(0)7870 423 569

[email protected]

About Chaarat Gold

Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic with a large, high grade resource - the Chaarat Gold Project. The Company's key objective is to become a low-cost gold producer generating significant production from the development of the Chaarat Gold Project. Chaarat is engaged in an active community engagement programme to optimise the value of the Chaarat investment proposition.