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The parties expect that articles of amalgamation will be filed shortly, providing for the amalgamation of PDX and a wholly-owned subsidiary of Detour Gold (the "Amalgamation") to be effective tomorrow, March 27, 2009, at 12:01am (Edmonton time) (the "Effective Time"). At the Effective Time, outstanding common shares of PDX will be cancelled. Registered holders of common shares of PDX immediately prior to the Effective Time will receive 0.2571 of a common share of Detour Gold in exchange for each PDX share cancelled; provided that, if this exchange would result in any such holder receiving a fractional Detour Gold share, then the number of Detour Gold shares issued to that holder will be rounded up to the next whole number.