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Teranga Announces New Annual General and Special Meeting Date

Jun 07, 2013

TORONTO, ONTARIO--(Marketwired - June 7, 2013) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) announced today that its annual general and special meeting originally scheduled for June 26, 2013 will now be held on July 18, 2013 (the "Meeting").

At the Meeting, shareholders of Teranga will now also be asked to approve the issuance of 69.1 million Teranga shares in connection with the recent announcement by Teranga that it intends to make an offer to acquire all of the outstanding common shares of Oromin Explorations Ltd. that it does not already own.

A new management information circular and form of proxy for the Meeting will be mailed to shareholders of Teranga within the next two weeks.

The Company will respond to the press release issued by Mineral Deposits Ltd. today in due course.

About TERANGA

Teranga is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange (ASX:TGZ). Teranga is principally engaged in the production and sale of gold, as well as related activities such as exploration and mine development.

The Company's mission is to create value for all of its stakeholders through responsible mining. Its vision is to explore, discover and develop gold mines in West Africa, in accordance with the highest international standards, and to be a catalyst for sustainable economic, environmental and community development. All of its actions from exploration, through development, operations and closure will be based on the best available techniques.

Contact Information:

Teranga Gold Corporation

Kathy Sipos

Vice-President, Investor & Stakeholder Relations

+1 416-594-0000

ksipos@terangagold.com