ASX Announcement 4 June 2013

Nomination of Directors to the Board of Teranga Gold Corporation

Mineral Deposits Limited ("MDL") advises that it has notified Teranga Gold Corporation ("Teranga") that it proposes three nominees for election to the board of directors of Teranga at Teranga's Annual General and Special Meeting of
Shareholders to be held in Toronto on 26 June 2013, including any and all adjournments or postponements of such meeting
(the "Meeting").
The three proposed nominees are Nic Limb (Executive Chairman of MDL), Rick Sharp (Managing Director of MDL), and
Rodger Gray (President, Toll Cross Securities Inc.) (the "Proposed Nominees").
MDL was the founding shareholder of Teranga and currently owns 39,999,838 common shares representing approximately
16.3% of the outstanding common shares of Teranga.

Additional Information

The following information is provided in accordance with Canadian corporate and securities laws applicable to public broadcast solicitations. MDL is relying on the exemption under section 9.2(4) of National Instrument 51