ASX and TSX Announcement 7 June 2013

MDL Nomination of Directors to the Board of Teranga Gold Corporation - Time for Change

As previously announced, Mineral Deposits Limited ("MDL"), the largest shareholder of Teranga Gold Corporation ("Teranga"), has notified Teranga that it proposes three nominees for election to the board of directors 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").