Shanta Gold Limited

Published : June 08th, 2016

Completion of Convertible Loan Note Restructuring

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Keywords :   Gold Mine | Gold Producer | Tanzania |

Completion of Convertible Loan Note Restructuring

078b1f0c-05e3-4376-b87c-0f900135e7aa.pdf

8 June 2016

Shanta Gold Limited

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

Completion of Convertible Loan Note Restructuring

Shanta Gold Limited (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is today pleased to announce that all formalities to effect the written resolution referenced in the announcement of 12 May 2016 have been implemented. As such, the effective date in respect of the restructuring of the senior unsecured subordinated convertible loan notes has occurred.

Enquiries:

Shanta Gold Limited

Toby Bradbury (CEO) Mark Rosslee (CFO)

+255 (0)22 2601 829

Nominated Adviser and Broker

Peel Hunt LLP

Matthew Armitt / Ross Allister / Chris Burrows

+44 (0)20 7418 8900

Financial Public Relations

Tavistock

Emily Fenton / Jos Simson

+44 (0)20 7920 3150

About Shanta Gold

Shanta is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,873 ounces in 2015. For further information please visit:www.shantagold.com.

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Data and Statistics for these countries : Tanzania | All
Gold and Silver Prices for these countries : Tanzania | All

Shanta Gold Limited

DEVELOPMENT STAGE
CODE : SHG.L
ISIN : GB00B0CGR828
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Shanta Gold is a gold exploration company based in Guernsey.

Shanta Gold holds various exploration projects in Tanzania.

Its main asset in development is SINGIDA in Tanzania and its main exploration properties are SONGEA, CHUNYA, MGUSU and JAMHURI in Tanzania.

Shanta Gold is listed in United Kingdom. Its market capitalisation is GBX 11.3 billions as of today (US$ 13.2 billions, € 12.4 billions).

Its stock quote reached its lowest recent point on November 21, 2008 at GBX 1.00, and its highest recent level on April 19, 2024 at GBX 14.74.

Shanta Gold has 769 491 787 shares outstanding.

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Nominations of Shanta Gold Limited
9/22/2011[AIM: SHG] appointment of CEO and Board changes
Project news of Shanta Gold Limited
3/29/2012[AIM: SHG] New Luika Gold Mine Progress Update
1/31/2012exceptional results received from RC drilling campaign at Ne...
9/30/2011(Jamhuri)[AIM: SHG]- Definition drilling at Jamhuri prospect
8/23/2011(Singida)[AIM: SHG] - Feasibility Study supports development of gold ...
Corporate news of Shanta Gold Limited
7/15/2016Pilot-scale production to commence at Singida Gold Project i...
7/15/2016Pilot-scale production to commence at Singida
7/6/2016New Luika Gold Mine, Ilunga Exploration Update
6/27/2016New Luika underground project update
6/20/2016Blocklisting Six Monthly Return
6/17/2016Director Dealing in Convertible Loan Notes
6/14/2016Director Dealing
6/8/2016Completion of Convertible Loan Note Restructuring
6/6/2016Result of Open Offer
6/3/2016Result of Annual General Meeting 2016
6/2/2016Result of Annual General Meeting
5/25/2016Directors Dealings
5/12/2016Passing of Written Resolution and Total Voting Rights
5/12/2016Written Resolution and Total Voting Rights
5/6/2016Preliminary Results for the year ended 31 December 2015
6/21/2012[AIM: SHG] successful Wet Commissioning of the New Luika Pla...
1/30/2012[AIM: SHG] update on funding and fundraising
7/11/2011=5BAIM=3A SHG=5D placing to raise =A315=2E1 million to bring...
6/29/2011Spectacular gold grades in Bauhinia Creek western extension
6/14/2011Definition Infill Drilling Results at the Luika Prospect
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