REG - Shanta Gold Limited - Result of AGM

Shanta GoldAnnouncement

16/06/2022 07:00

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RNS Number : 1086P  Shanta Gold Limited  16 June 2022

16 June 2022

Shanta Gold Limited

 

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

 

Result of the Annual General Meeting

 

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and
explorer, announces that all resolutions put to shareholders were duly passed
at the Company's Annual General Meeting, which took place on 15 June 2022 at
11 New Street, St Peter Port, Guernsey, GY1 3EG.

 

The 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    84,059,929        84,025,329  99.96  0       0.00  31,908
         the Company for the financial year ended December 2021.
 2.      To receive and consider the report of the directors of the Company.             84,059,929        84,025,329  99.96  0       0.00  31,908
 3.      To receive and consider the report of the auditors of the Company.              84,059,929        84,025,329  99.96  0       0.00  31,908
 4.      To approve the Directors' remuneration paid for the year to 31 December 2021    84,059,929        84,004,927  99.93  13,250  0.02  39,060
         as detailed in the 2021 Annual Report.
 5.      To approve the Non-Executive Directors' aggregate fees for the period between   84,059,929        84,032,956  99.97  17,129  0.02  7,152
         1 January 2022 to 31 December 2022.
 6.      To authorise the directors to fix the remuneration of the auditors as the       84,059,929        84,034,804  99.97  17,129  0.02  5,304
         directors see fit.
 7.      To consider and if thought fit re-elect Luke Leslie as director of the Company  84,059,929        84,036,835  99.97  13,250  0.02  7,152
         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.                           84,059,929        84,020,327  99.95  0       0.00  5,304
 9.      To approve a final dividend proposed by the Directors of 0.10 pence per share.  84,059,929        84,025,631  99.96  0       0.00  0

 

 

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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