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The stream deal announced in December has seen Teranga Gold Corporation receiving US$135 million from Franco-Nevada Corporation to conclude the acquisition of Oromin Joint Venture Group from Bendon International.
TSX VENTURE:OLE) is pleased to report that the Mining Convention governing the exploration concession for the Sabodala Property was signed by His Excellency, Madicke Niang, the Minister of Energy and Mines of the Republic of Senegal and Oromin's President, Chet Idziszek, representing the Oromin Joint Venture Group at a formal signing ceremony in Dakar, Senegal, on February 17, 2005.
TSX VENTURE:OLE) is pleased to report that the Oromin Joint Venture Group has been awarded an exploration concession by the Government of Senegal covering 230 square kilometres (the "Sabodala Project") in West Africa.