Replies to post #4630 on Great Basin Gold Ltd. (fka GBGLF)

[trandernine]

Tanzania properties have already been sold(assigned for a value) to pay urgent some debt owed to a Red kite or some creditor

[goldenpolarbear]

GBG Sold most of their Tanzinian If Not All Of Its Interests

"5 February 2013 | 13:13pm

StockMarketWire.com - East African-focused Shanta Gold has welcomed Red Kite as a new major shareholder.

Shanta Gold said it had been notified that RK Mine Finance Trust I, part of the Red Kite group of funds, had acquired 12,368,584 ordinary shares and share purchase warrants to acquire the equivalent number of ordinary shares in Shanta Gold (subject to an anti-dilution clause) at a strike price of 35p.

Red Kite acquired the shares and warrants from Great Basin Gold Limited.

Red Kite will have an interest of 5.2% if the warrants are exercised.

At 1:13pm: [LON:SHG] Swan Hill Group share price was +0.63p at 22.5p"


To Learn more visit:
http://www.shantagold.com/projects