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Chaarat holder steps in for 11th hour refinancing

AIM-listed Chaarat Gold has called on its largest shareholder to refinance the remainder of an investor loan which was due to mature in the coming days.

 Chaarat holder steps in for 11th hour refinancing  Chaarat holder steps in for 11th hour refinancing  Chaarat holder steps in for 11th hour refinancing  Chaarat holder steps in for 11th hour refinancing  Chaarat holder steps in for 11th hour refinancing

Chaarat Gold's Tulkabash heap leach project, located in Western Kyrgyzstan

Labro Investments, controlled by Chaarat's executive chairman Martin Andersson, said it would refinance the outstanding US$7 million, which had a maturity date of January 8.

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