Teranga Commences Trading on OTCQX
December 15 2017 - 6:30AM
Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)
(OTCQX:TGCDF) is pleased to announce that Teranga common shares
will commence trading today in the United States on the OTCQX
market under the symbol "TGCDF".
"We are pleased to join OTCQX, which will enable
us to broaden our exposure to U.S. retail and institutional
shareholders and provide U.S. shareholders with timely news and
information to help them better analyze, value and trade our
securities," said Richard Young, President and Chief Executive
Officer.
Teranga was sponsored for the OTCQX by J.P.
Galda & Co., a qualified third-party firm responsible for
providing guidance on OTCQX requirements and recommending
membership.
Investors can find quotes and current financial
disclosures for the Company on
https://www.otcmarkets.com/stock/TGCDF/quote.
Completes Australian Securities Exchange
(“ASX”) Delisting Process
As previously announced in an earlier press
release, Teranga delisted from the ASX effective September 14,
2017. The process to transfer or sell the Company’s
ASX-listed securities to the Toronto Stock Exchange was completed
on December 13, 2017 with the closing of the compulsory sale
facility.
About Teranga
Teranga is a multi-jurisdictional West African
gold company focused on production and development as well as the
exploration of more than 5,000 km2 of land located on prospective
gold belts. Since its initial public offering in 2010,
Teranga has produced more than 1.2 million ounces of gold from its
operations in Senegal, which as of June 30, 2017 had a reserve base
of 2.7 million ounces of gold. Focused on diversification and
growth, the Company is advancing its Banfora development project
and conducting extensive exploration programs in three countries:
Burkina Faso, Senegal and Côte d’Ivoire. Teranga has a strong
balance sheet and the financial flexibility to grow its
business.
Steadfast in its commitment to set the benchmark
for responsible mining, Teranga operates in accordance with the
highest international standards and aims to act as a catalyst for
sustainable economic, environmental, and community development as
it strives to create value for all of its stakeholders.
Teranga is a member of the United Nations Global Compact and a
leading member of the multi-stakeholder group responsible for the
submission of the first Senegalese Extractive Industries
Transparency Initiative revenue report. The Company's
responsibility report is available at
www.terangagold.com/responsibilityreport and is prepared in
accordance with its commitments under the United Nations Global
Compact and in alignment with the Global Reporting Initiative
guidelines.
Contact Information
Richard Young President & CEO T: +1 416-594-0000 | E:
ryoung@terangagold.com
Trish MoranHead of Investor RelationsT: +1 416-564-4290 | E:
tmoran@terangagold.com