Key Developments: Teranga Gold Corporation (TGZ.TO)
0.70CAD
18 Jun 2013
$-0.02 (-2.78%)
$0.72
$0.72
$0.72
$0.69
83,800
159,687
$2.49
$0.69
Latest Key Developments (Source: Significant Developments)
Teranga Gold Corp Announces Intention To Make Offer To Acquire Oromin Explorations Ltd
Teranga Gold Corp announced 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. The proposed Offer would constitute 80,000,000 Teranga common shares being offered to Oromin shareholders, including Teranga's interest in Oromin. Pursuant to the proposed Offer, Oromin shareholders would receive 0.582 of a Teranga Share for each Oromin Share held. The proposed Offer would represent a premium of 50% to the 20-day volume-weighted average price (VWAP) of the Oromin Shares on the Toronto Stock Exchange (the TSX) for the period ending May 31, 2013 (based on the 20-day VWAP of the Teranga Shares on the TSX for the same period) and a premium of 68.7% to the closing price of the Oromin Shares on the TSX on May 31, 2013 (based on the closing price of the Teranga Shares on the TSX on the same date). Full Article
Teranga Gold Corp Reaffirms FY 2013 Gold Production Guidance
Teranga Gold Corp announced that it's expectation on gold production for fiscal 2013 is on track to be in the range of 190,000 - 210,000 ounces at total cash costs of $650 to $700 per ounce in line with 2013 guidance. Full Article
Teranga Gold Corp Announces Change Of Auditors
Teranga Gold Corp announced that it will change its auditor from Deloitte LLP, Chartered Accountants, Toronto, Ontario, Canada to Ernst & Young LLP, Chartered Accountants, Toronto, Ontario, Canada effective April 12, 2013. Full Article
Teranga Gold Corp Reaffirms FY 2013 Production Guidance
Teranga Gold Corp announced that it expects production for fiscal 2013 is expected in the range of 190,000 to 210,000 ounces of gold at total cash costs of between $650 and $700 per ounce. Full Article
Teranga Gold Corporation Announces Holding Interest Of Ellerston Capital Limited And Its Associates
Teranga Gold Corporation announced that Ellerston Capital Limited and its associates have an interest of 13,298,113 ordinary shares, representing 5.41% of the voting power in the Company. Full Article
Teranga Gold Corp Not To Pay FY 2012 Dividend
Teranga Gold Corp announced that during fiscal 2012, no dividends were paid. The directors have not recommended the payment of a dividend. Full Article
Teranga Gold Corp Issues FY 2013 Production Guidance
Teranga Gold Corp announced that it expects production for fiscal 2013 is expected in the range of 190,000 to 210,000 ounces of gold at total cash costs of between $650 and $700 per ounce. Full Article
Teranga Gold Corp Reaffirms FY 2012 Production Guidance
Teranga Gold Corp announced that it remains on track to meet fiscal 2012 production guidance of 210,000 to 225,000 ounces at total cash costs of $600 to $650 per ounce. Full Article
Teranga Gold Corp Announces Board Changes
Teranga Gold Corp announced that Alan Hill has been appointed Executive Chairman, formerly Chairman and Chief Executive Officer and Richard Young has been appointed President and Chief Executive Officer, formerly President and Chief Financial Officer effective September 6, 2012. In addition, Navin Dyal has agreed to join the senior management team as Vice President and Chief Financial Officer. Full Article
Teranga Gold Corp Reaffirms FY 2012 Production Guidance
Teranga Gold Corp announced that it is on track to meet fiscal 2012 production guidance of 210,000 to 225,000 ounces of gold at total cash costs of $600 to $650 per ounce. Full Article
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