Wed, 4th Apr 2012 14:42 LONDON, April 4 (Reuters) - Shanta Gold Ltd:
* 47,258,980 new ordinary shares have been p
laced with institutional and other investors
* Placing price has been set at 20 pence per share
* Placing price is equivalent to a 15.3% discount to the closing mid-market price on 3 April 2012
* Placing will raise gross proceeds of approximately £9.5 million
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