#Kyrgyzstan #Bishkek #Kyzyltaš #Chaarat Gold Holdings #Tulkubaši

International Investor Group Issues Statement on Chaarat's Share Sale

On February 25, 2026, a group of international investors declared their concerns regarding recent developments with Chaarat Gold Holdings Limited, particularly focusing on its mining assets in Tulkubaši and Kyzyltaš. This announcement comes in light of Chaarat's decision to sell its stake in assets related to Silvercorp Metals Inc., which has raised serious questions about the management and strategic direction of the mining firm's operations.

Background of Investments

The investor group, which has significant investments in Kyrgyzstan, noted their commitment to the Tulkubaši and Kyzyltaš projects, emphasizing the importance of responsible asset management in ensuring the stability and profitability of such ventures. The group's investments were intended to contribute to the local economy, creating jobs and promoting sustainable practices in mining. However, the recent decision by Chaarat to offload its share has prompted a reevaluation of the situation.

Concerns Raised

The group highlighted that the sale not only raises concerns over Chaarat’s decision-making but also jeopardizes the future of the projects in Tulkubaši and Kyzyltaš. Investors are particularly worried that such actions may reflect broader issues in corporate governance within Chaarat that could undermine their investments and the future of the mining sector in Kyrgyzstan.

Immediate Steps Being Taken

In light of these developments, the investor group has stated they will pursue all necessary actions to protect their interests and the prospects of the mining assets. They are calling on fellow investors within Tulkubaši and Kyzyltaš to connect with legal counsel to discuss potential next steps. In this regard, the group has partnered with Cleary Gottlieb Steen & Hamilton LLP to address their legal concerns effectively. They encourage dialogue among stakeholders to ensure all voices are heard and that the miner’s obligations to its investors and the local community are met.

Future Directions

Looking ahead, the investor group is advocating for transparency in Chaarat's operations and decision-making processes. They are emphasizing the critical need for Chaarat to engage with its investors and local communities to rebuild trust that may have been lost due to the recent sale. This situation serves as a reminder of the vital link between corporate responsibility and sustainable investment practices, particularly in industries that heavily impact local economies.

The group remains hopeful that by vocalizing their concerns and taking constructive steps, they can influence a positive turnaround not just for their investments but also for the mining industry in Kyrgyzstan as a whole. As the situation unfolds, further updates are anticipated as investors remain vigilant and proactive in safeguarding their interests in the Tulkubaši and Kyzyltaš assets.

For additional information or to connect with the investor group regarding legal representation, parties are encouraged to reach out via the provided email address. This illustrates a proactive approach to investor relations in the face of unexpected corporate decisions.