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Shanta Gold Ltd - East Africa-focused gold producer, developer and explorer - Promotes Honest Mrema to chief operating officer with immediate effect. Also says Chief Financial Officer Luke Leslie has informed the board of his decision to step down from his role in order to pursue other opportunities. Promotes Michal Devine to CFO with effect from March 23.
Chief Executive Officer Eric Zurrin says: ‘Having completed five years of outstanding service, Luke has informed the board he wishes to pursue new opportunities. On behalf of the board, I thank Luke for his outstanding contribution to Shanta in particular over the last 5 plus years as CFO and Head of M&A. Luke has dedicated himself to a successful turnaround of Shanta which included the successful acquisition of the West Kenya Project in 2020.’
Current stock price: 10.60 pence, down 0.5% in London
12 month change: up 35%
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