SHG.L Regulatory News (SHG)

5 Oct 2006 16:24

Shanta Gold Limited05 October 2006 SHANTA GOLD LIMITED ("Shanta Gold" or the "Company") Further to the announcement made on 18 September 2006 when Shanta confirmed thatthe directors of the Company had conditionally approved an allotment of sharesfollowing the exercise of warrants over ordinary shares of 0.01p in the sharecapital of the Company (the "Warrants") the Company is pleased the announcementthat, following receipt of cleared funds, the following transactions are nowunconditional: Registered Holder Number of Subscription No. Of shares Exercise Price Warrants Price Monique du Pasquier 350,000 30p 350,000 £105,000.00Beaufort Industries Inc 90,900 30p 90,900 £27,270.00Marie-Madeleine Eigenmann 70,000 30p 70,000 £21,000.00 Application will be made for the ordinary shares created pursuant to theexercise of the Warrants (the "New Ordinary Shares") to be admitted to AIM anddealings in the New Ordinary Shares is expected to commence on 11 October 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 96,669,672. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644Walter Vorwerk, Shanta Gold Ltd Tel: +27 (0) 83 308 0080 This information is provided by RNS The company news service from the London Stock Exchange