SHG.L Regulatory News (SHG)

22 Aug 2006 15:02

Shanta Gold Limited22 August 2006 For immediate release 22 August 2006 SHANTA GOLD LIMITED Shanta Gold Limited ("Shanta Gold" or the "Company") confirms that on 21 August2006 the directors of the Company approved an allotment of shares following theexercise of warrants over ordinary shares of 0.01p in the share capital of theCompany (the "Warrants") as set out below: Registered Holder Number of Subscription No. Of shares Exercise Warrants Price Price JP Morgan Chase 20,000 30p 20,000 £6,000.00Nutraco Nominees Limited 1,280,000 30p 1,280,000 £384,000.00 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 29 August 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 91,108,772 ordinary shares. 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