Exercise of Warrants

28 Jul 2006 08:54

Shanta Gold Limited28 July 2006 SHANTA GOLD LIMITED Exercise of Warrants Shanta Gold Limited ("the Company") confirms that on 21 July 2006 the directorsof the Company approved an allotment of 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 Subscription Price No. Of shares Exercise Price Warrants Bona Fides Nominees 110,644 30p 110,644 £33,193.20Limited 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 2 August 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 69,808,772 ordinary shares. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644Walter Vorwerk, Shanta Gold Ltd. Tel: +37 (0) 83 308 0080 This information is provided by RNS The company news service from the London Stock Exchange