SHG.L Regulatory News (SHG)

4 April 2023

Shanta Gold Limited

("Shanta Gold" or the "Company")

Dividend Timetable Confirmation

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to announce a final dividend of 0.10 pence per share will be paid gross on 17 July 2023, pending approval at the Annual General Meeting to be held on 28 April 2023. The associated record date is 5 May 2023 and the ex-div date is 4 May 2023.

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About Shanta Gold

Shanta Gold is an East Africa-focused responsible gold producer, developer, and explorer. The company has an established operational track record, with defined ore resources on the New Luika and Singida projects in Tanzania, with reserves of 625 Koz grading 2.91 g/t, and exploration licences covering approximately 800 km2 in the country. Alongside New Luika and Singida, Shanta also owns the high-grade West Kenya Project in Kenya and licences with resources of 1.76 million ounces including 722 Koz in the Indicated category grading 11.45 g/t. With a strong balance sheet, a growing diversified portfolio and a maiden dividend paid in 2021, Shanta offers a resilient investment opportunity for the near and long-term. Shanta is quoted on London's AIM market (AIM: SHG) and has approximately 1,051 million shares in issue.