Result of Annual General Meeting

13 June 2018

Shanta Gold Limited

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

Result of Annual General Meeting

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that all resolutions put to shareholders were duly passed at the Company's Annual General Meeting, which took place at 11:00 this morning, at 11 New Street, Guernsey, GY1 2PF.

Enquiries:

Shanta Gold Limited +255 (0) 22 292 5148

Eric Zurrin (CEO)

Luke Leslie (CFO)

Nominated Adviser and Broker +44 (0) 20 7260 1000

Numis Securities Limited

Paul Gillam / John Prior / James Black

Financial Public Relations +44 (0) 20 7920 3150

Tavistock

Charles Vivian / Barnaby Hayward

About Shanta Gold

Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licenses covering approximately 1,500km2 in the country. Shanta's flagship asset New Luika Gold Mine commenced production in 2012 and produced 79,585 ounces in 2017. The Company has been admitted to trading on London's AIM and has approximately 778 m shares in issue. For further information please visit: www.shantagold.com.