TR-1: Notification of major interest in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

SHANTA GOLD LTD

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights



An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

SUSTAINABLE CAPITAL LTD

4. Full name of shareholder(s)

(if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed or reached: v

1 JUNE 2018

6. Date on which issuer notified:

4 JUNE 2018

7. Threshold(s) that is/are crossed or reached: vi, vii

7%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expirati on date

xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

58,220,463

7.48%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

MAHARISHI RAMKORUN

15. Contact telephone number:

+23052506221