Detour Gold Corporation

TSX : DGC


Detour Gold Corporation

May 14, 2014 08:09 ET

Proposed Securities Class Action Commenced Against Detour Gold

TORONTO, ONTARIO--(Marketwired - May 14, 2014) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports that on May 13, 2014, a proposed securities class action claiming, among other things, special and general damages in the amount of $80 million, was commenced against the Company and its former CEO, Gerald Panneton, in relation to the Company's public disclosure concerning its Detour Lake Mine operations. The Company is investigating the allegations, and intends to vigorously defend the claims.

About Detour Gold

Detour Gold is an emerging mid-tier gold producer in Canada. In 2014, the Company is completing the ramp-up its 100% owned Detour Lake mine to a long life, large scale open pit operation.

Detour Gold Corporation, Royal Bank Plaza, South Tower, 200 Bay Street, Suite 2200, Toronto, Ontario M5J 2J1

Contact Information

  • Detour Gold Corporation
    Paul Martin, President and CEO
    (416) 304.0800

    Detour Gold Corporation
    Laurie Gaborit, Director Investor Relations
    (416) 304.0581