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SHG Shanta Gold Limited

14.75
0.01 (0.07%)
24 Apr 2024 - Closed
Delayed by 15 minutes
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

Shanta Gold Limited Update on Tanzanian Legislative Changes (1805K)

05/07/2017 10:03am

UK Regulatory


Shanta Gold (LSE:SHG)
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TIDMSHG

RNS Number : 1805K

Shanta Gold Limited

05 July 2017

5 July 2017

Shanta Gold Limited

("Shanta" or the "Company")

Update on Tanzanian Legislative Changes

Shanta Gold (AIM: SHG) notes that the Written Laws (Miscellaneous Amendments) Act No.4/2017 has been passed in the Tanzanian Parliament on 4 July 2017. This Act is to amend Income Tax Act 2004, VAT Act 2015, Tax Administration Act, Mining Act 2010 and the Petroleum Act. The Company is seeking advice on the legislation and assessing its potential impact and will provide updates as appropriate.

Enquiries:

 
 
  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

END

MSCUGUGUMUPMUBA

(END) Dow Jones Newswires

July 05, 2017 05:03 ET (09:03 GMT)

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