Teranga Gold Corp.

Teranga Gold Corp. is a Canada-based gold company that operates the Sabodala gold mine and holds the largest exploration land package in Senegal, West Africa. Sabodala, which came into operation in 2009, is located 650km east of the capital, Dakar, within the West African Birimian geological belt and about 90km from major gold mines in Mali. Management believes this country to be an emerging world-class gold district and that the combination of its operations and prospective land position, which is all truckable to its existing mill, provides the basis for growth in reserves, production, earnings and cash flow as new discoveries are made.