Teranga Gold Provides Details for Third Quarter 2014 Release of Financial and Operating Results

TORONTO, ONTARIO--(Marketwired - Oct. 24, 2014) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) announced today that it will release the Company's full third quarter 2014 financial and operating results for the period ended September 30, 2014 on Thursday, October 30, 2014, after market close in Toronto. The following morning, the Company will host a conference call and webcast which will be available for replay for those who are not able to participate.

After the release, the Financial Statements and Management's Discussion & Analysis will be available on the Company's website at www.terangagold.com.

Third Quarter Results Release: October 30, 2014 after market close in Toronto

Conference Call and Webcast: October 31, 2014 at 8:30 a.m. EDT Toronto (Sydney 11:30 p.m. AEDT)

Telephone

Toronto: 416-340-2216

North America toll-free: 866-223-7781

International: +1-416-340-2216

Live Webcast

The webcast can be accessed directly at www.gowebcasting.com/5930 and on Teranga's website at www.terangagold.com

The conference call replay will be available for two weeks after the call by dialing 905-694-9451 or toll-free 800-408-3053 and entering the Passcode: 8085369

ABOUT TERANGA GOLD

Teranga is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange (ASX:TGZ). Teranga is principally engaged in the production and sale of gold, as well as related activities such as exploration and mine development.

Teranga's mission is to create value for all of its stakeholders through responsible mining. Its vision is to explore, discover and develop gold mines in West Africa, in accordance with the highest international standards, and to be a catalyst for sustainable economic, environmental and community development. All of its actions from exploration, through development, operations and closure will be based on the best available techniques.