Detour Gold Announces Adoption of Shareholder Rights Plan

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Wed Apr 29, 2009 4:35pm EDT

  TORONTO, ONTARIO, Apr 29 (MARKET WIRE) -- 
Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company")
announces that its Board of Directors (the "Board") today adopted a
Shareholder Rights Plan (the "Rights Plan"). The Rights Plan has been
adopted to ensure the fair treatment of shareholders in connection with
any take-over bid for common shares of Detour Gold. The Rights Plan seeks
to provide shareholders with adequate time to properly assess a take-over
bid without undue pressure. It also is intended to provide the Board with
more time to fully consider an unsolicited take-over bid and, if
considered appropriate, to identify, develop and negotiate other
alternatives to maximize shareholder value. Detour Gold is not aware of
any take-over bid for Detour Gold that has been made or is contemplated.

    In order to implement the Rights Plan, the Board has authorized the
issuance of the rights to holders of its common shares at the rate of one
right for each common share outstanding. The rights issued under the
Rights Plan become exercisable only when a person, including its
affiliates and associates and persons acting jointly or in concert with
it, acquires beneficial ownership of shares which, when aggregated with
its current holdings, total 20% or more of the outstanding common shares
of Detour Gold (determined in the manner set out in the Rights Plan)
without complying with the "Permitted Bid" provisions of the Rights Plan
or without approval of the Board. Should such an acquisition occur, the
rights will entitle shareholders, other than the acquiring person and its
affiliates and associates and persons acting jointly or in concert with
it, to purchase additional common shares of Detour Gold at a substantial
discount to the market price of the common shares at that time.

    Detour Gold intends to submit the Rights Plan to its shareholders for
ratification at the upcoming Annual and Special Meeting of its
shareholders scheduled to be held on June 3, 2009.

Contacts:
Detour Gold Corporation
Gerald Panneton
President and CEO
(416) 304.0800

Detour Gold Corporation
Laurie Gaborit
Director Investor Relations
(416) 304.0581

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