Exercise of Warrants

14 Jun 2006 07:35

Shanta Gold Limited14 June 2006 14 June 2006 SHANTA GOLD LIMITED Exercise of Warrants Shanta Gold Limited ("the Company") confirms that, on 12 June 2006, followingreceipt of cleared funds, the directors of the Company approved an allotment ofordinary shares of 0.01p in the share capital of the Company (the "OrdinaryShares"), as set out below. The shares were issued pursuant to the exercise ofcertain of the warrants granted at the time of the Company's admission to AIM(the "Warrants"): Registered Holder Number of Subscription No. of Ordinary Exercise Warrants Price Shares Price David Lyall 220,000 30p 220,000 £66,000.00 Application will be made for the new Ordinary Shares issued pursuant to theexercise of the Warrants (the "New Ordinary Shares") to be admitted to AIM anddealings in the New Ordinary Shares are expected to commence on 19 June 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 64,893,634 ordinary shares. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644Walter Vorwerk, Shanta Gold Limited Tel: +27 83 308 0080 This information is provided by RNS The company news service from the London Stock Exchange