6th Jun 2006 16:04
Shanta Gold Limited06 June 2006 6 June 2006 SHANTA GOLD LIMITED Exercise of Warrants Shanta Gold Limited ("the Company") announces that, on 1 June 2006, thedirectors of the Company approved an allotment of shares following the exerciseof warrants (the "Warrants") over ordinary shares of 0.01p in the share capitalof the Company (the "Ordinary Shares") as set out below: Registered Holder Number of Subscription Price No. of Ordinary Exercise Price Warrants Shares Dundee Resources 2,200,000 30p 2,200,000 £660,000.00Limited On the same date, a further allotment of shares was also approved by the boardof directors of the Company, following the exercise of certain of the adviser'swarrants granted at the time of the Company's admission to AIM ("AdviserWarrants"), as detailed below: Registered Holder Number of Subscription Price No. of Ordinary Exercise Price Warrants Shares Argent Partners 248,899 25p 248,899 £62,224.75 Application will be made for the new Ordinary Shares issued pursuant to theexercise of both Warrants and the Adviser Warrants (the "New Ordinary Shares")to be admitted to AIM and dealings in the New Ordinary Shares is expected tocommence on 12 June 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 64,673,634 ordinary shares. Following this issue Dundee Resources Limited will hold 3.40% of the enlargedissued Ordinary Share capital of the Company. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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