Saturday, July 24, 2010

Chaarat issues announcement on the acquisition of Kyrex Limited

BVI company Chaarat Gold Holdings Ltd announced that it has received acceptances from shareholders representing more than 75 per cent of the issued share capital of Kyrex Limited, concerning the acquisition of Kyrex which was announced on 21 June 2010.

In accordance with the provisions in the articles of association of Kyrex, Chaarat is able to acquire the remaining issued and to be issued shares of Kyrex Limited.