Exercise of Warrants

8th Jan 2007 12:14

Shanta Gold Limited08 January 2007 For immediate release SHANTA GOLD LIMITED ("Shanta Gold" or the "Company") Shanta confirms that on 4 January 2007 the directors of the Company approved anallotment of shares following the exercise of warrants over ordinary shares of0.01p in the share capital of the Company (the "Warrants") as set out below: Registered Holder Number of Subscription No. Of shares Subscription Value Warrants Price Hero Nominees Limited 44,000 30p 44,000 £13,200.00 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 January 2007. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 96,750,711 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

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Related Shares:

SHG.L