Alacer Gold (ASR.TSX) announced that it has received notice from Lidya
Madencilik San. ve Tic. A. Ş., (Lidya Mining), a subsidiary of Çalık Holding
A.Ş., that it is exercising its call right pursuant to a shareholders agreement
to subscribe for a further 15% of the issued and outstanding shares of Anagold
Madencilik Sanayi ve Ticaret A.Ş. (Anagold) for $37.8 million. Highlights: *
Anagold, a subsidiary of the Company, conducts the Companys primary development
and extraction activities for the Çöpler gold operations in Turkey * The
purchase of the 15% of the issued and outstanding shares of Anagold will
increase Lidya Minings holdings in Anagold to 20% and is expected to close
within 30-60 days * The shareholders agreement among the Company, Kurudere
Madencilik A.Ş., Anagold, Lidya Mining and Çalık Holding A.Ş. is dated
August 12, 2009 and is available on SEDAR at
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