NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION IN OR INTO THE UNITED
STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN, REPUBLIC OF IRELAND OR
SOUTH AFRICA
Shanta Gold Limited
("Shanta Gold" or the "Company")
Appointment of Non Executive Directors
Shanta Gold (AIM: SHG) the gold exploration and development company
focused on Central and Southern Tanzania, announces the appointments
of Walter David Scott and Michael Grosvenor Wuth as non executive
Directors of the Company.
David Scott, age 53, brings a wealth of experience in the mining
sector, having spent his whole career working in the industry. David
is a qualified geologist and a member of the Geological Society of
South Africa, having earned a Bachelor of Science (Geology) from the
University of the Witwatersrand and a Masters of Science (Geology)
from the Stellenbosch University. In the past five years David has
worked as an independent geologist focused on exploration project
management in Tanzania and Madagascar and was the technical services
manager of the Bulyanhulu Mine in Tanzania.
Directorships held in last 5 years
Indian Ocean Gold Limited (current)
Indian Ocean Diamonds Limited (current)
Indian Ocean Kaolin Limited (current)
Ocean Diamond Holdings Limited (current)
Pugu Kaolin Mones Limited (current)
Michael Wuth, age 55, has 36 years experience in the mining industry,
having worked as both a geologist and an investment banker to the
sector. Michael is a qualified geologist and a member of both the
Society of Economic Geologists (USA) and the Geological Society of
South Africa, having earned both Bachelors and Masters Degrees in
geology from the University of Witwatersrand. Prior to joining Jonah
Capital as Chief Executive Officer of Jonah Mining in August this
year, Michael was Head Strategic Equity and Head Equity Investments
(Mining and Minerals) at Standard Bank.
Directorships held in last 5 years
Andisa Securities (Pty) Ltd (resigned 2005)
Standard Bank of SA Ltd (Corporate Finance)(resigned 2006)
Standard Equities (Pty) Ltd (resigned 2003)
Jonah Capital (Pty) Ltd (CEO of Jonah Mining Ltd - current)
Walton Imrie, non-executive chairman of Shanta Gold, commented:
"We are delighted to have David and Michael joining the Board. We
believe the knowledge that they bring will make a significant
contribution to the Company as we strive to move to the next stage of
our development"
AIM Rules Disclosure
Save for the disclosures above, there is no other information that is
required to be disclosed under Schedule 2 paragraph (g) of the AIM
Rules.
For further information contact:
Walter Vorwerk, Shanta Gold Ltd Tel: +27 (0) 83 308 0080
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