Appointment of Non-Executive Director

RNS Number : 1650W

Shanta Gold Limited

23 December 2013

 



Shanta Gold Limited

("Shanta Gold" or the "Company")

Appointment of Non-Executive Director

Shanta Gold Limited, the East African focused gold producing company, is pleased to announce the appointment of John Rickus as a non-executive director of the Company with immediate effect.  

Mr Rickus (age 66) is a highly experienced mining executive with over 40 years' experience in the mining industry throughout the world. For almost three decades John fulfilled a variety of executive global roles for Rio Tinto including managing director of Rio Tinto Technical Services and President of the Resolution copper project in Arizona. Most recently he was Chief Executive, and is currently Chairman, of Kincora Copper Limited.

Commenting on the appointment, Mike Houston, CEO, said: "I am delighted John has agreed to join Shanta Gold team. We have indicated that we are looking to build a board that has necessary skills in the key disciplines critical to the company's future. John brings a significant track record in involvement in mining projects from operations through to Board membership which will be invaluable as we continue to develop the New Luika operation and look to move forward with our Singida project."

Additional Information

A list of Mr John Edward Rickus' current and past directorships held within the last five years is set out below:

Current

Kincora Copper Limited

Rickus Partners Limited

Past

None

Currently, Mr Rickus holds no shares in the Company.

Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment of John Rickus.

-ENDS-

Enquiries:

Shanta Gold Limited	Tel: [phone]
Mike Houston, CEO
Patrick Maseva-Shayawabaya, CFO
Nominated Adviser and Broker
Liberum Capital Limited	Tel: + 44 (0)20 3100 2000
Tom Fyson / Ryan De Franck
Financial Public Relations
FTI Consulting	Tel: [phone]
Oliver Winters / Sara Powell

About Shanta Gold Limited

Shanta Gold is an East African focused gold mining company. 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. The Company's flagship New Luika Gold Mine commenced production and achieved first gold pour in August 2012. The Company is admitted to trading on AIM and has approximately 462 million shares in issue.

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

 

END

 

 

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