Thu, 5th Apr 2012 16:26 LONDON, April 5 (Reuters) - Shanta Gold Ltd:
* $25 million in unsecured subordinated conv
ertible loan notes due 2017 have been placed
* The coupon has been set at 8.5% per annum and the conversion price of the notes has been set at 29.53P
* Together with the equity placing, the company has raised gross proceeds of approx $40 million
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.