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Teranga to Enter into Stream Transaction with Franco-Nevada to Acquire Remaining Interest in OJVG and to Retire Half of Bank Debt

December 12, 2013 at 8:00am ET


Richard Young, President and CEO Teranga Gold
Alan Hill, Executive Chairman Teranga Gold
David Harquail, President & CEO Franco-Nevada
Paul Brink, SVP Business Development Franco-Nevada

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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.

Teranga’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.

For more information please visit the company website at www.terangagold.com/

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