SHG.L Regulatory News (SHG)

3 Apr 2007 17:23

Shanta Gold Limited03 April 2007 For immediate release SHANTA GOLD LIMITED ("Shanta Gold" or the "Company") Shanta confirms that it has today allotted shares following the exercise ofwarrants over ordinary shares of 0.01p in the share capital of the Company (the"Warrants") as set out below: Registered Holder Number of Warrants Subscription Price No. Of shares Subscription ValueHero Nominees Limited 22,000 30p 22,000 £6,600 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 April 2007. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 96,814,021 ordinary shares. Following this share issue,Hero Nominees Limited will hold 5,105,333 ordinary shares of 0.01p each,representing 5.27% of the issued share capital of the Company. 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