REG - Shanta Gold Limited - Result of AGM - RNS Correction

Shanta GoldAnnouncement

17/06/2022 14:00

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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  425,849,709       425,698,660  99.96  1,516    0.0004  149,533
 of the Company for the financial year ended December 2021.
 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. To 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    425,849,709       425,317,351  99.87  385,297  0.0905  147,061
 2021 as detailed in the 2021 Annual Report.
 5. To approve the Non-Executive Directors' aggregate fees for the period      425,849,709       425,256,135  99.86  380,921  0.0894  212,653
 between 1 January 2022 to 31 December 2022.
 6. To authorise the directors to fix the remuneration of the auditors as the  425,849,709       425,703,245  99.96  18,645   0.0044  127,819
 directors see fit.
 7. To consider and if thought fit re-elect Luke Leslie as director of the     425,849,709       425,708,076  99.97  39,350   0.0092  102,283
 Company who retires by rotation and who makes himself available for
 re-election as a director of the Company.
 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    425,849,709       425,765,749  99.98  1,516    0.0004  81,444
 share.

 

Enquiries:

 

 Shanta Gold Limited
 Eric Zurrin (CEO)                               +44 (0) 14 8173 2153
 Luke Leslie (CFO)

 Nominated Adviser and Joint Broker
 Liberum Capital Limited
 Scott Mathieson / Ed Thomas / Nikhil Varghese   +44 (0) 20 3100 2000

 Joint Broker
 Tamesis Partners LLP
 Charlie Bendon / Richard Greenfield             +44 (0) 20 3882 2868

 Public Relations
 FTI Consulting
 Sara Powell / Nick Hennis                       +44 (0) 20 3727 1426

 

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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