23rd Jun 2006 17:09
Shanta Gold Limited23 June 2006 23 June 2006 SHANTA GOLD LIMITED Exercise of Warrants Shanta Gold Limited ("the Company") confirms that on 19 June 2006 and 23 June2006 the directors of the Company approved an allotment of shares following theexercise of warrants over ordinary shares of 0.01p in the share capital of theCompany (the "Warrants") as set out below: Registered Holder Number of Subscription Price No. Of shares Exercise Price WarrantsChase Nominees 3,000,000 30p 3,000,000 £900,000.00LimitedHichens Harrison & 560,000 30p 560,000 £168,000.00Co Plc 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 29 June 2006. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 68,453,634 ordinary shares. Following the exercise of the warrants Chase Nominees Limited will hold7,250,000 ordinary shares of 0.01p in the share capital of the Company ("Ordinary Shares") representing 10.59% of the total number of issued OrdinaryShares. 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:
SHG.L