Exercise of Warrants

22 Feb 2007 14:09

Shanta Gold Limited22 February 2007 SHANTA GOLD LIMITED ("Shanta Gold" or the "Company") Shanta confirms that on 20 February 2007 the directors of the Company approvedan allotment of shares following the exercise of warrants over ordinary sharesof 0.01p in the share capital of the Company (the "Warrants") as set out below: Registered Holder Number of Subscription No. Of shares Subscription Value Warrants PriceDetente Limited 17,200 30p 17,200 £5,160.00 Ferlim Nominees 20,000 30p 20,000 £6,000.00Limtied 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 28 February 2007. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 96,787,911 ordinary shares. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644 Walter 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