TORONTO, ONTARIO--(Marketwired - May 1, 2014) - Teranga Gold Corporation ("Teranga") (TSX:TGZ)(ASX:TGZ) announces that at the annual and special meeting (the "Meeting") of shareholders of the Corporation held earlier today, all seven director nominees that were standing were elected as directors of the Corporation, as follows:

1. Election of Directors

Each of the following individuals were elected as directors of the Corporation as approved by a vote by ballot, for a term expiring at the conclusion of the next annual meeting of shareholders of the Corporation ("Shareholders") or until their successors are elected or appointed, as follows:

2. Appointment of Auditor

The appointment of Ernst & Young LLP as the auditor of the Corporation, to hold office until the next annual meeting of shareholders of the Corporation, and the authorization of the directors of the Corporation to fix the auditor's remuneration, was approved by a resolution passed by a vote by ballot, with 162,920,381 (92.02%) total votes cast "FOR" and 14,127,452 (7.98%) total votes "WITHHELD".

3. Re-Approval of the Stock Option Incentive Plan

The Stock Option Incentive Plan was approved by a resolution passed by a vote by ballot, with 125,753,162 (78.20%) total votes cast "FOR" and 35,055,397 (21.80%) total votes cast "AGAINST".

ABOUT TERANGA

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.