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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shanta Gold Limited | LSE:SHG | London | Ordinary Share | GB00B0CGR828 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.07% | 14.75 | 14.70 | 14.80 | 14.79 | 14.70 | 14.70 | 5,259,744 | 08:00:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 114.06M | -2.3M | -0.0022 | -67.05 | 155.09M |
From Apr 2019 to Apr 2024
TIDMSHG
RNS Number : 6991J
Shanta Gold Limited
30 June 2017
30 June 2017
Shanta Gold Limited
("Shanta" or the "Company")
Proposed Tanzanian Legislative Changes
Shanta Gold (AIM: SHG) notes the publication of draft legislation tabled in the Tanzanian Parliament on 29 June 2017. The proposed legislation recommends changes to the legal framework governing the natural resources sector in Tanzania. We understand that this legislation is to be debated by the Parliament in an extended Parliamentary session. In addition, Parliament has approved the new Finance Act, which will impose a 1% clearing fee on the value of all minerals exported from the country from 1 July 2017. Shanta will seek advice on the proposed changes and will provide further updates as appropriate.
Enquiries:
Hot Features
Premium
Shanta Gold Limited
Toby Bradbury (CEO)
Eric Zurrin (CFO) +255 (0) 22 292 5148
Nominated Adviser and
Broker
Peel Hunt LLP
Matthew Armitt / Ross
Allister / Chris Burrows + 44 (0)20 7418 8900
Financial Public Relations
Tavistock
Jos Simson / Emily Fenton
/ Barnaby Hayward +44 (0)20 7920 3150
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika, Nkuluwisi 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 87,713 ounces in 2016. The Company is admitted to trading on London's AIM and has approximately 766 million shares in issue.
For further information please visit: www.shantagold.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
June 30, 2017 02:01 ET (06:01 GMT)
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