Teranga Gold Schedules Third Quarter Conference Call and Webcast for October 28, 2016

TORONTO, ONTARIO -- (Marketwired) -- 10/19/16 -- Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ) (ASX: TGZ) announced today that it will release its third quarter 2016 financial and operating results on Friday, October 28, 2016 at approximately 6:00 a.m. ET. The release will be followed by a conference call and audio webcast later that morning at 8:30 a.m. ET. where management will review the Company's results and discuss the quarter's highlights.

Those wishing to listen can access the live conference call and audio webcast as follows:

Date & Time:    Friday, October 28, 2016 at 8:30 a.m. ET

Telephone:      Toll-free [phone]
                International [phone]
                Please allow 10 minutes to be connected to the conference
                call.

Webcast:        The webcast can be accessed directly at
                www.gowebcasting.com/8119 and on Teranga's website at
                http://www.terangagold.com/.

Replay:         The conference call replay will be available for two weeks
                after the call by dialing
                [phone] or toll-free at [phone] and entering
                the conference ID 1221492.

Note:           The slide presentation will be available for download at
                http://www.terangagold.com/ for simultaneous viewing during
                the call.

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 in West Africa.

Teranga's mission is to create value for all of its stakeholders as it pursues its vision to be a pre-eminent mid-tier gold producer in West Africa. Operating in accordance with the highest international standards and using the best available techniques, Teranga strives to set the benchmark for responsible mining and to be a catalyst for sustainable economic, environmental and community development. For more information, please refer to www.terangagold.com.

Contacts:
Teranga Gold Corporation
Trish Moran
Head of Investor Relations
[phone]
[e-mail]