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Chaarat secures equity backing for Tulkubash

AIM-listed Chaarat Gold has completed a US$30 million equity raise and restructured its debt to kickstart development funding for its flagship Tulkubash project in the Kyrgyz Republic and strengthen its balance sheet.

Chaarat secures equity backing for Tulkubash Chaarat secures equity backing for Tulkubash Chaarat secures equity backing for Tulkubash Chaarat secures equity backing for Tulkubash Chaarat secures equity backing for Tulkubash

Chaarat Gold's near-term focus in the Kyrgyz Republic is on the development of its Tulkubash heap leach project

The equity raise was initially slated for US$25 million but was oversubscribed.

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