Director Dealing in Convertible Loan Notes

RNS Number : 4856B

Shanta Gold Limited

17 June 2016

 

17 June 2016

Shanta Gold Limited

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

Director Dealing in Convertible Loan Notes

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, was informed on 16 June 2016 of the following purchase of senior unsecured subordinated convertible loan notes ("Notes") by a Non-Executive Director of the Company which occurred on the same date:

Director	Number of Notes Acquired	Average Price of the Notes Acquired	Total Number of Notes Held Following Transaction	Total Number of Ordinary Shares Currently Held	Total Number of Ordinary Shares Held Upon Conversion of Notes (including Ordinary Shares Currently Held)
Robin Fryer	393	95 (par value of 100)	393	720,000	1,629,427

Enquiries:

Shanta Gold Limited
Toby Bradbury (CEO) Mark Rosslee (CFO)	[phone]
Nominated Adviser and Broker
Peel Hunt LLP
Matthew Armitt / Ross Allister / Chris Burrows	[phone]
Financial Public Relations
Tavistock
Emily Fenton / Jos Simson	[phone]

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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