Exercise of Warrants

6 Sep 2006 14:44

Shanta Gold Limited06 September 2006 6 September 2006 SHANTA GOLD LIMITED ("Shanta Gold" or the "Company") Shanta confirms that on 5 September 2006 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 Exercise Price Warrants PriceBBHISL 500,000 30p 500,000 £150,000.00 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 12 September2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 91,608,772 ordinary shares. 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