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VAT Refund Received

8 Nov 2017 08:54

RNS Number : 8966V
Shanta Gold Limited
08 November 2017
 

8 November 2017

Shanta Gold Limited

("Shanta Gold", "Shanta" or the "Company")

 

VAT REFUND RECEIVED

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, is pleased to announce that it has received a VAT refund of US$3.4 million, which is made up of a US$1.9 million offset against corporate taxes payable in 2016 and 2017 and a cash payment to the Company of US$1.5 million. The current VAT Receivable balance has reduced to US$13.4 million.

 

Enquiries:

 

Shanta Gold Limited

 

Eric Zurrin (CEO)

+255 (0)22 2601 829

Luke Leslie (CFO)

 

 

Nominated Adviser and Broker

 

Peel Hunt LLP

 

Richard Crichton / Ross Allister / Chris Burrows

+44 (0)20 7418 8900

 

Financial Public Relations

 

Tavistock

 

Jos Simson / Barney Hayward / Charles Vivian

+44 (0)20 7920 3150

 

About Shanta Gold

Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika project in Tanzania and holds exploration licences covering approximately 1,500km2 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 87,714 ounces in 2016. The Company has been admitted to trading on London's AIM and has approximately 769 m shares in issue. For further information please visit: www.shantagold.com.

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGGWAGUPMURR
Date   Source Headline
29th Jun 20126:16 pmRNSFinal Results
21st Jun 20127:00 amRNSSuccessful Wet Commissioning of New Luika Plant
20th Jun 20121:49 pmRNSDirector/PDMR Shareholding
25th May 20127:00 amRNSNotice to Convertible Loan Note Holders
16th May 20128:00 amRNSDirector/PDMR Shareholding
11th May 20127:00 amRNSCompletion of Drilling Programme at New Luika Mine
18th Apr 20127:00 amRNSDirector/PDMR Shareholding
17th Apr 20123:30 pmRNSHolding(s) in Company
16th Apr 20127:00 amRNSHolding(s) in Company
5th Apr 20124:06 pmRNSResults of Notes Placing
4th Apr 20122:18 pmRNSResults of Equity Placing
4th Apr 20127:00 amRNSFundraising to raise a minimum of US$35 million
2nd Apr 20127:00 amRNSHolding(s) in Company
29th Mar 20127:00 amRNSNew Luika Gold Mine Progress Update
28th Mar 20127:00 amRNSAppointment of Nominated Adviser and Broker
13th May 201010:28 amRNSRoyalty Financing Agreement
18th Dec 20097:00 amRNSStandby Equity Distribution Agreement
7th Aug 20094:16 pmRNSInterim Management Statement
13th Jul 200711:42 amRNSAdditional Listing
20th Jun 20074:37 pmRNSHolding(s) in Company
20th Jun 20074:35 pmRNSAnnual Report and Accounts
15th Jun 20074:34 pmRNSIssue of Equity
18th Apr 20073:46 pmRNSChange of Adviser
3rd Apr 20075:23 pmRNSIssue of Equity
27th Mar 20071:02 pmRNSFinal Results
2nd Mar 20071:06 pmRNSExercise of Warrants
22nd Feb 20072:09 pmRNSExercise of Warrants
26th Jan 20079:44 amRNSDrilling Report
8th Jan 200712:14 pmRNSExercise of Warrants
28th Dec 20064:32 pmRNSHolding(s) in Company
13th Oct 200611:19 amRNSBoard Appointment
10th Oct 200611:33 amRNSWarrant Exercise
5th Oct 20065:04 pmRNSDrilling Report
5th Oct 20064:24 pmRNSExercise of Warrants
21st Sep 20064:50 pmRNSHolding(s) in Company
18th Sep 20063:04 pmRNSWarrant Exercise
6th Sep 20062:44 pmRNSExercise of Warrants
5th Sep 20068:22 amRNSHolding(s) in Company
22nd Aug 20063:02 pmRNSIssue of Equity
8th Aug 20064:06 pmRNSExercise of Warrants
28th Jul 20068:54 amRNSExercise of Warrants
21st Jul 20064:09 pmRNSHolding(s) in Company
13th Jul 20063:05 pmRNSInterim Results
29th Jun 20068:50 amRNSExercise of Warrants - Amend
28th Jun 200610:08 amRNSExercise of Warrants
23rd Jun 20065:09 pmRNSExercise of Warrants
14th Jun 20067:35 amRNSExercise of Warrants
13th Jun 20068:42 amRNSFinal Results
6th Jun 20065:53 pmRNSDrilling Report
6th Jun 20064:04 pmRNSExercise of Warrants

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