23 Dec 2013 07:00
Shanta Gold Limited
("Shanta Gold" or the "Company")
Appointment of Non-Executive Director
Shanta Gold Limited, the East African focused gold producing company, is pleased to announce the appointment of John Rickus as a non-executive director of the Company with immediate effect.
Mr Rickus (age 66) is a highly experienced mining executive with over 40 years' experience in the mining industry throughout the world. For almost three decades John fulfilled a variety of executive global roles for Rio Tinto including managing director of Rio Tinto Technical Services and President of the Resolution copper project in Arizona. Most recently he was Chief Executive, and is currently Chairman, of Kincora Copper Limited.
Commenting on the appointment, Mike Houston, CEO, said: "I am delighted John has agreed to join Shanta Gold team. We have indicated that we are looking to build a board that has necessary skills in the key disciplines critical to the company's future. John brings a significant track record in involvement in mining projects from operations through to Board membership which will be invaluable as we continue to develop the New Luika operation and look to move forward with our Singida project."
Additional Information
A list of Mr John Edward Rickus' current and past directorships held within the last five years is set out below:
Current
Kincora Copper Limited
Rickus Partners Limited
Past
None
Currently, Mr Rickus holds no shares in the Company.
Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment of John Rickus.
-ENDS-
Enquiries:
Shanta Gold Limited | Tel: +255 (0) 22 2601 829 |
Mike Houston, CEO | |
Patrick Maseva-Shayawabaya, CFO | |
Nominated Adviser and Broker | |
Liberum Capital Limited | Tel: + 44 (0)20 3100 2000 |
Tom Fyson / Ryan De Franck | |
Financial Public Relations | |
FTI Consulting | Tel: +44 (0)20 7269 7183 |
Oliver Winters / Sara Powell |
About Shanta Gold Limited
Shanta Gold is an East African focused gold mining company. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties. The Company's flagship New Luika Gold Mine commenced production and achieved first gold pour in August 2012. The Company is admitted to trading on AIM and has approximately 462 million shares in issue.
For further information visit the Company's website: www.shantagold.com.