Resolution Passed at Moto Goldmines Special Meeting
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
LONDON--(Marketwire - October 9, 2009) - Randgold Resources Limited is pleased to note that,
at the special meeting of shareholders and optionholders of Moto Goldmines
Limited (TSX: MGL) (AIM: MOE) ("Moto") held on Friday 9 October, the
resolution regarding the business combination with Randgold was duly
approved.
The expected timetable for the transaction remains consistent with the
guidance given to the market.
This release is for informational purposes only and does not constitute an
offer to sell or a solicitation of an offer to buy securities of Randgold
or Moto.
Website: www.randgoldresources.com
ABOUT RANDGOLD
Randgold is a gold mining and exploration company with its principal
activities focused on West and East Africa and stated reserves of 8.82 Moz
as at 31 December 2008 for Loulo, Tongon and Massawa and 30 April 2009 for
Morila mineral reserves. In Mali, Randgold has an 80% controlling interest
in the Loulo mine, which is currently mining from two open pits and has
just commenced mining from one underground mine whilst developing a second
underground mine. In the Loulo region, Gounkoto, on the Loulo permit, is
shaping up as a significant new discovery. Also in Mali, Randgold owns a
40% interest in the Morila Joint Venture, the owner of the Morila mine,
which it also operates. In Côte d'Ivoire, Randgold owns an effective 84%
controlling interest in the Tongon development project, where it has
commenced construction and expects to be in production towards the end of
2010. In Senegal, Randgold has a new discovery, Massawa, which is at
prefeasibility stage and which it believes has multi million ounce
potential and the makings of a world-class orebody. Randgold also has
exploration permits and licenses covering substantial areas in Mali, Côte
d'Ivoire, Burkina Faso, Ghana, Senegal and Tanzania.
Click on, or paste the following link into your web browser, to view the
associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/5805A_1-2009-10-9.pdf