Investors & Media
Company releases
Regulatory Announcement - Exercise of Warrants
28 July 2006
Shanta Gold Limited ("the Company") confirms that on 21 July 2006 the directors of the Company approved an allotment of shares following the exercise of warrants over ordinary shares of 0.01p in the share capital of the Company (the "Warrants") as set out below:
| Registered Holder | Number of Warrants | Subscription Price | No. Of shares | Exercise Price |
|---|---|---|---|---|
| Bona Fides Nominees Limited | 110,644 | 30p | 110,644 | £33,193.20 |
Application will be made for the ordinary shares created pursuant to the exercise of the Warrants (the "New Ordinary Shares") to be admitted to AIM and dealings in the New Ordinary Shares is expected to commence on 2 August 2006.
The total number of issued ordinary shares in the Company, including the New Ordinary Shares, is now 69,808,772 ordinary shares.
For further information:
Shanta Gold
Walter Vorwerk:
Tel: +27 83 308 0080
W.H. Ireland
David Youngman
Tel: +44 (0) 161 832 6644