Mineral Deposits Limited
TSX : MDM
ASX : MDL

Mineral Deposits Limited

November 23, 2010 18:59 ET

Mineral Deposits Limited: TSX Timetable for Teranga In Specie Distribution and Share Consolidation

MELBOURNE, AUSTRALIA--(Marketwire - Nov. 23, 2010) - Mineral Deposits Limited (TSX:MDM)(ASX:MDL) wishes to clarify that, in respect of the share consolidation of MDL's shares on a 1:10 basis ("Share Consolidation"), the first day of trading of the post consolidated MDL shares on the TSX will occur on Thursday, 25 November 2010, not on Friday, 26 November 2010 as indicated yesterday.

The remainder of the proposed timetable as set out in the release of yesterday remains unchanged (including there being no change to ASX timing or trading).

The timetable for MDL shares trading "ex" the in specie distribution of common shares in Teranga Gold Corporation to MDL shareholders ("Teranga In Specie Distribution") and on a post consolidated basis on both the ASX and TSX is as follows:

Thursday, 25 November 2010 ASX MDL shares trade "ex" the Teranga In Specie Distribution and on a postconsolidated basis:
   
       
      • MDL shares acquired on and from this date on ASX will not be eligible to participate in the Teranga In Specie Distribution
   
      • First day of trading the "consolidated" MDL shares on a deferred settlement basis on ASX
   
     
Thursday, 25 November 2010 TSX MDL shares continue to trade "cum" the Teranga In Specie Distribution, but on a post consolidated basis:
   
       
      • last day to acquire MDL shares on TSX to be eligible to participate in the Teranga In Specie Distribution
   
      • First day of trading the "consolidated" MDL shares on TSX
     
Friday, 26 November 2010 TSX MDL shares trade "ex" Teranga In Specie Distribution
       
      • MDL shares acquired on and from this date on TSX will not be eligible to participate in the Teranga In Specie Distribution
   
     
Wednesday, 1 December 2010 (7.00pm Melbourne, Australia time)   Record Date for Teranga In Specie Distribution and Share Consolidation
   

ABN 19 064 377 420

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