Shanta Gold Limited Appointment of Director (3498O)
August 18 2017 - 1:00AM
UK Regulatory
TIDMSHG
RNS Number : 3498O
Shanta Gold Limited
18 August 2017
18 August 2017
Shanta Gold Limited
("Shanta Gold" or the "Company")
Appointment of Director
Shanta Gold (AIM: SHG), the East Africa-focused gold producer,
developer and explorer, announces that further to the announcement
of 3 August 2017, Mr Eric Zurrin, Chief Executive Officer, has been
now been appointed to the Board of Directors with immediate
effect.
Mr Zurrin was appointed as Chief Executive Officer with effect
from 3 August 2017 and has previously worked across a range of
roles within the Company over the last four years, including as
Chief Financial Officer in 2017, interim Chief Financial Officer in
2015/2016 leading the financial restructuring and as Adviser to the
CEO in 2013 leading an operational restructuring of the business as
New Luika ramped up production.
Mr Zurrin holds a Bachelor of Commerce (Accounting) degree and
has 15 years' experience in investment banking and mining,
previously with UBS Investment Bank in London and serves as a
director of Kincora Copper Limited (TSX-V:KCC). Mr Zurrin will be
based in the UK from September 2017.
Save as set out in the Appendix to this announcement, there are
no additional disclosures required under Rule 17 and Schedule 2,
paragraph (g) of the AIM Rules for Companies.
Enquiries:
Shanta Gold Limited
+255 (0)22 292
Eric Zurrin (CEO) 5148
Nominated Adviser and Broker
Peel Hunt LLP
Matthew Armitt / Ross Allister +44 (0)20 7418
/ Chris Burrows 8900
Financial Public Relations
Tavistock
Jos Simson / Emily Fenton +44 (0)20 7920
/ Barnaby Hayward 3150
About Shanta Gold
Shanta is an East Africa-focused gold producer, developer and
explorer. It currently has defined ore resources on the New Luika
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 87,714 ounces in 2016. The Company has been admitted to
trading on London's AIM and has approximately 766 million shares in
issue. For further information please visit:
www.shantagold.com.
Appendix - AIM Rule Schedule 2(g) disclosures
Mr Eric Zurrin's (aged 37) directorships currently held and held
over the five years preceding the date of appointment are as
follows:
Company Status
------------------------------ ---------
Shanta Mining Company Limited Current
------------------------------ ---------
Kincora Copper Limited Current
------------------------------ ---------
Rukwa Limited Current
------------------------------ ---------
Manaslu Metals Limited Current
------------------------------ ---------
Manaslu Energy Limited Current
------------------------------ ---------
Khayyam Minerals Limited Current
------------------------------ ---------
Smart Buying Limited Current
------------------------------ ---------
Resource Investment Capital Previous
Limited
------------------------------ ---------
Mr Zurrin currently holds 1,300,000 ordinary shares in the
Company representing 0.17% of the Company's issued share
capital.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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