Appointment of Nominated Adviser and Broker

RNS Number : 2323A

Shanta Gold Limited

28 March 2012

 



28 March 2012

Shanta Gold Limited

("Shanta Gold" or the "Company")

Liberum Appointed Nominated Advisor and Broker

The Directors of Shanta Gold Limited (AIM: SHG) are pleased to announce that the Company has appointed Liberum Capital Limited ("Liberum") to act as its Nominated Advisor ("Nomad") and Broker.

Liberum is one of the UK's leading independent investment banks, with a strong emphasis on mining.  The group's services include research, sales, trading, equity capital markets and corporate advisory.  In the 2011 UK Small Caps Equity Research survey Liberum was named "No.1 brokerage firm in UK Mining Small & Mid Cap".  More information on Liberum can be found at www.liberumcapital.com.

Gareth Taylor, Chief Executive Officer, said:

"We are delighted to appoint Liberum as our Nomad and Broker.  We look forward to working with Liberum as we advance our portfolio of high quality gold project in Tanzania including the New Luika Gold Mine which is fast approaching first production." 

Enquiries:

Shanta Gold Limited	Tel: [phone]
Walton Imrie / Gareth Taylor
Nominated Adviser and Broker
Liberum Capital Limited	Tel: + 44 (0)20 3100 2000
Michael Rawlinson / Clayton Bush / Christopher Kololian
Public Relations
Tavistock Communications	Tel: [phone]
Emily Fenton / Ed Portman

About Shanta Gold Limited

Shanta Gold is a Tanzania focussed gold explorer and mine developer. It currently has defined ore resources on the New Luika, Singida and Mgusu projects and holds exploration licences over a number of additional properties. The New Luika Gold Mine is currently under construction and is expecting first production in 2012. The Company is admitted to trading on AIM and has approximately 265 million shares in issue.

For further information visit the Company's website; http://www.shantagold.com.

 

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