Investors & Media
Company releases
Exercise of Warrants
3 August 2007
Shanta Gold Limited (“the Company”) confirms that on 2 August 2007 the directors of the Company approved an allotment of shares following the notification of exercise of warrants on 11 July 2007 over ordinary shares of 0.01p in the share capital of the Company (the 'Warrants') as set out below:
Registered Holder: Pershing Keen Nominees Limited a/c HHCLT
No. Of shares: 1,125,000
Price: 30p
Subscription Value: £337,500
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 10 August 2007.
The total number of issued ordinary shares in the Company following today's announcements, including the New Ordinary Shares, is now 100,316,576 ordinary shares.
For further information contact:
Walter Vorwerk
Shanta Gold Limited
Tel: +27 (0) 83 308 0080