Welcome To The Orezone Gold Corporation HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Updates Status of Shareholder Vote

Updates Status of Shareholder Vote

posted on Feb 13, 2009 05:13AM
February 12, 2009
Orezone Updates Status of Shareholder Vote

Obtains Transitional Funding for Essakane Project

OTTAWA, ONTARIO--(Marketwire - Feb. 12, 2009) - Orezone Resources Inc. (TSX:OZN)(NYSE ALTERNEXT:OZN) is pleased to announce preliminary proxy results with respect to the special meeting to be held on February 18, 2009 in Toronto to consider the previously announced plan of arrangement with IAMGOLD Corporation (TSX:IMG)(NYSE:IAG). As at February 11, 2009, proxies representing 41.63% of the outstanding Orezone shares had been deposited, of which 99.90% had been voted in favor of the arrangement. Under the arrangement, Orezone shareholders will receive 0.08 common shares of IAMGOLD plus 0.125 common shares of a new exploration company, Orezone Gold Corporation, for each Orezone share held. Pending receipt of shareholder approval and the approval of the Ontario Superior Court of Justice, the arrangement is expected to close on February 25, 2009.

IAMGOLD has also agreed to invest up to C$7,000,000 in the Orezone subsidiary that holds the rights to the Essakane Project in exchange for a maximum 2% interest in the subsidiary. The funds will be invested to continue the timely development of the Essakane Project pending completion of the arrangement. IAMGOLD currently holds 16.6% of the outstanding shares of Orezone and will not obtain any further voting rights at the special meeting as a result of the placement. If the arrangement with IAMGOLD is not completed, IAMGOLD will have the right to put the purchased shares back to Orezone and Orezone shall have the option of paying the invested amount in cash or in Orezone shares.

Orezone is an explorer and emerging gold producer that owns Essakane and Bombore, the first and third largest gold deposits in Burkina Faso, West Africa. Orezone also has a pipeline of developing projects, all located in politically stable areas of West Africa, one of the world's fastest growing gold-producing regions. Orezone's mission is to create wealth by discovering and developing the earth's resources in an efficient and responsible manner.
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