Teranga and Oromin today announced that Teranga has completed the acquisition of all of the issued and outstanding common shares of Oromin that it did not already own by way of a plan of arrangement under the Business Corporations Act. Under the terms of the Arrangement, former shareholders of Oromin are entitled to receive the same consideration [...]
TORONTO, ONTARIO--(Marketwired - Sep 19, 2013) - Teranga Gold Corp. (TSX:TGZ)(ASX:TGZ) - As part of the Company's ongoing effort to maximize free cash flows during this period of lower and more volatile gold prices, management has designed a new mine plan on a standalone basis maximizing gold production while minimizing operating, sustaining, new [...]
Teranga and Oromin today announced that they have entered into an arrangement agreement for Teranga to acquire the remaining outstanding common shares of Oromin by way of a plan of arrangement under the B.C. Business Corporations Act. Under the Arrangement, shareholders of Oromin would receive the same consideration of 0.60 of a common share of [...]
Teranga Gold Corp. and Oromin Explorations Ltd. today announced that as at the expiry time of 9:00 p.m. on August 6, 2013, a total of 78,985,388 common shares of Oromin, representing approximately 57.5% of the outstanding Oromin Shares, had been tendered to the Teranga offer to acquire all of the outstanding Oromin Shares that Teranga did not [...]
TORONTO, ONTARIO--(Marketwired - Aug 7, 2013) - Teranga Gold Corp. (TSX:TGZ)(ASX:TGZ) - For a full explanation of Financial, Operating, Exploration and Development results please see the Interim Condensed Consolidated Financial Statements as at and for the period ended June 30, 2013 and the associated Management's Discussion & Analysis at [...]
TORONTO, ONTARIO--(Marketwired - Jul 31, 2013) - Teranga Gold Corp. (TSX:TGZ)(ASX:TGZ) announced today that in addition to the second quarter operating results it released on Monday, July 29, 2013 for ASX purposes, it will release its full second quarter 2013 financial and operating results on Wednesday August 7, 2013, before market open in [...]
TORONTO, ONTARIO--(Marketwired - Jul 29, 2013) - Teranga Gold Corp. (TSX:TGZ) (ASX:TGZ) KEY SECOND QUARTER HIGHLIGHTS The Company remains on track to meet full year production guidance of 190,000 to 210,000 ounces1 at total cash costs of $650 to $700 per ounce and all-in sustaining costs of $1,000 to $1,100 per ounce2 Gold production increased by [...]
Teranga Gold and Oromin Explorations today announced that they have entered into a support agreement in respect of an amended offer by Teranga to acquire all of the outstanding common shares of Oromin that it does not already own. The Varied Offer reflects an increase in the exchange ratio to 0.60 of a common share of Teranga for each Oromin Share [...]
TORONTO, ONTARIO--(Marketwired - Jul 18, 2013) - Teranga Gold Corp. ("Teranga") (TSX:TGZ) (ASX:TGZ) announces that at the annual and special meeting (the "Meeting") of shareholders of the Corporation held earlier today, all six director nominees that were standing were elected as directors of the Corporation, as follows: Name ...
TORONTO, ONTARIO--(Marketwired - Jul 18, 2013) - Teranga Gold Corp. ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to announce that it has extended the final repayment date of its existing US$60 million 2-Year Loan Facility with Macquarie Bank Limited ("Macquarie") by one year to June 30, 2015. By way of an amendment to its existing [...]
TORONTO, CANADA--(Marketwired - Jul 15, 2013) - Teranga Gold Corp. ("Teranga") (TSX:TGZ)(ASX:TGZ) will hold its 2013 Annual and Special Meeting of Shareholders on Thursday, July 18, 2013 at 9:30AM EST, at the offices of Stikeman Elliott LLP, Main Board Room, 53rd Floor, 199 Bay Street, Toronto, ON. Via Webcast: A live webcast of the [...]
TORONTO, ONTARIO--(Marketwired - Jul 11, 2013) - Institutional Shareholder Services Inc. (ISS), Glass Lewis & Co. (GL) and Ownership Matters Pty. Ltd. (Ownership Matters), three leading proxy advisory firms, have all recommended that shareholders of Teranga Gold Corp. (TSX:TGZ)(ASX:TGZ) vote FOR the proposed acquisition of Oromin Explorations Ltd [...]