Result of AGM - RNS Correction

RNS Number : 3292P

Shanta Gold Limited

17 June 2022

 

17 June 2022

Shanta Gold Limited

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

Result of the Annual General Meeting - RNS Correction

Shanta Gold (AIM:SHG), the East Africa-focused gold producer, developer and explorer, announces that the voting figures provided by the Guernsey company secretary to the Company within the RNS announcement on 16^th June 2022 were incorrect. However, the results of the AGM have not changed.

The revised results from the meeting were as follows:

Resolution	Total Votes Cast	For		Against		Withheld/ Abstained
		Number	%	Number	%
1. To receive and consider the profit and loss account and the balance sheet of the Company for the financial year ended December 2021.	425,849,709	425,698,660	99.96	1,516	0.0004	149,533
2. To receive and consider the report of the directors of the Company.	425,849,709	425,682,191	99.96	12,985	0.0030	154,533
3. T o receive and consider the report of the auditors of the Company.	425,849,709	425,698,660	99.96	1,516	0.0004	149,533
4. To approve the Directors' remuneration paid for the year to 31 December 2021 as detailed in the 2021 Annual Report.	425,849,709	425,317,351	99.87	385,297	0.0905	147,061
5. T o approve the Non-Executive Directors' aggregate fees for the period between 1 January 2022 to 31 December 2022.	425,849,709	425,256,135	99.86	380,921	0.0894	212,653
6. To authorise the directors to fix the remuneration of the auditors as the directors see fit.	425,849,709	425,703,245	99.96	18,645	0.0044	127,819
7. To consider and if thought fit re-elect Luke Leslie as director of the Company who retires by rotation and who makes himself available for re-election as a director of the Company.	425,849,709	425,708,076	99.97	39,350	0.0092	102,283
8. To re-appoint BDO LLP as the auditors of the Company.	425,849,709	425,642,365	99.95	10,016	0.0024	197,328
9. To approve a final dividend proposed by the Directors of 0.10 pence per share.	425,849,709	425,765,749	99.98	1,516	0.0004	81,444

Enquiries:

Shanta Gold Limited
Eric Zurrin (CEO)	[phone]
Luke Leslie (CFO)
Nominated Adviser and Joint Broker
Liberum Capital Limited
Scott Mathieson / Ed Thomas / Nikhil Varghese	[phone]
Joint Broker
Tamesis Partners LLP
Charlie Bendon / Richard Greenfield	[phone]
Public Relations
FTI Consulting
Sara Powell / Nick Hennis	[phone]

About Shanta Gold

Shanta Gold is an East Africa-focused responsible gold producer, developer and explorer. The company has an established operational track record, with defined ore resources on the New Luika and Singida projects in Tanzania, with reserves of 645 koz grading 3.04 g/t, and exploration licences covering approximately 900 km2 in the country. Alongside New Luika and Singida, Shanta also owns the high-grade West Kenya Project in Kenya and licences with resources of 1.6 million ounces including 378 koz Indicated grading 11.70 g/t. With a strong balance sheet, a growing diversified portfolio and a maiden dividend paid in 2021, Shanta offers a resilient investment opportunity for the near and long-term. Shanta is quoted on London's AIM market (AIM: SHG) and has approximately 1,048 million shares in issue.

 

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