28th Jun 2006 10:08
Shanta Gold Limited28 June 2006 28 June 2006 SHANTA GOLD LIMITED Exercise of Warrants Shanta Gold Limited ("the Company") confirms that on 26 June 2006, followingreceipt of cleared funds, the directors of the Company approved an allotment ofshares following the exercise of warrants over ordinary shares of 0.01p in theshare capital of the Company (the "Warrants") as set out below: Registered Holder Number of Subscription No. Of shares Exercise Price Warrants Price Haywood Securities 1,244,494 25p 1,244,494 £311,123.50(UK) Limited 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 4 July 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 69,698,128 ordinary shares. Following the exercise of the warrants Haywood Securities (UK) Limited will hold1,244,494 ordinary shares of 0.01p in the share capital of the Company ("Ordinary Shares") representing 5.83% of the total number of issued OrdinaryShares. 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 ExchangeRelated Shares:
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