Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

Advancing North America's 4th Largest Gold Reserves Towards Development

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Message: Detour Gold Reminds Shareholders to Vote BLUE as Deadline Nears

 

2018-12-06 08:23:00 AM ET (CNW Group)
   
   
    --  To ensure your vote is counted, shareholders are encouraged to
        vote their BLUE proxy or Voting Instruction Form in favour of
        Detour Gold's recommended Board before the deadline of December
        7, 10:00 a.m. (EST)
    --  Questions? Need Help? Contact Kingsdale Advisors at
        1.877.659.1823 or at
        [email protected]


Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is reminding shareholders that they only have until 10:00 a.m. (Toronto time) on Friday, December 7, 2018 to vote their BLUE proxy at the upcoming Special Meeting of Shareholders (the "Meeting"). Those that haven't voted are encouraged to do so, today, on their BLUE Proxy or Voting Instruction Form in favour of the Company's recommended refreshed board of directors (the "Board").

As the deadline nears, shareholders are urged to consider the following:

    --  We are recommending a refreshed Board that has the right
        experience and expertise. The composition of our Board
        addresses the Company's needs and acknowledges the importance
        of continuity and experience. Replacing the entire Board with a
        new slate of directors, many without public board experience
        and none with an in-depth knowledge of the Detour Lake mining
        operation, is a recipe for disaster.

    --  Leading independent proxy advisors have rejected Paulson's
        reckless demand for wholesale change. Institutional
        Shareholders Services ("ISS") and Glass Lewis and Co. ("Glass
        Lewis") agree with shareholders that Paulson cannot be allowed
        to take control of your Company. Both proxy advisors have also
        acknowledged the need for continuity at the CEO level with
        support for Interim CEO Michael Kenyon. Change above and beyond
        what was recommended would be reckless.

    --  Detour Gold is executing the 2018 Life of Mine Plan, which is
        the best value-maximizing strategy. The execution of the 2018
        LOM Plan is what will achieve a higher share price in the
        medium term. The good news is that with a new leadership team
        at the Detour Lake mine our plan is working.

    --  Michael Kenyon is critical to providing the needed stability to
        management in the short-term. In the event Michael Kenyon is
        voted off the Board, the continued progress on the execution of
        the 2018 LOM Plan will be undermined with a high risk of key
        members of senior management, on whom the Company is depending
        for such progress, exiting.

    --  Paulson does not have a plan. Paulson's lack of a go-forward
        plan was highlighted by both ISS and Glass Lewis; they have not
        presented shareholders with a plan to create value. The only
        changes Paulson suggests are disruptive and jeopardize the
        progress we've made.

    --  Momentum for Detour Gold's recommended refreshed Board is
        growing. Detour Gold continues to receive support from
        shareholders who support the responsible changes the Board has
        made. The Company appreciates feedback from shareholders and
        thanks them for their continued support.


VOTE NOW BEFORE IT'S TOO LATE

The Meeting is important and will decide the future of your company. Every vote counts no matter the amount you hold.

Vote your BLUE proxy ahead of the voting deadline on Friday, December 7, 2018 at 10:00 a.m. (Toronto time).

Becoming a voter is fast and easy. To support Detour Gold's recommended refreshed Board, vote only your BLUE proxy or Voting Instruction Form and follow the instructions below:

FOR The removal of Lisa Colnett & Jonathan Rubenstein;AGAINST The removal of the other six (6) Detour Gold's incumbent directors;AGAINST Fixing the number of directors at eight (8);FOR The election of Steven Feldman & Christopher Robison; andWITHHOLD on the other six (6) Dissident Nominees.

If you have already voted using another proxy, you may vote again on the BLUE proxy. Only your latest dated proxy or instruction form will count as long as it's submitted before December 7, 2018 at 10:00 a.m. (Toronto time).

Learn more about Detour Gold's recommended refreshed Board: Detour Gold has released a new series of videos, featuring members of the Company's already refreshed board, responding to shareholder questions. The 12 videos, available at DetourGold.vote, give shareholders a chance to hear directly from the Company's directors in their own words.

For details on how to vote, watch this short video.

Questions? Need help? Contact Kingsdale Advisors at 1.877.659.1823, by email at [email protected] or visit www.DetourGold.vote.

Advisors

The Company has retained Kingsdale Advisors as its strategic shareholder and communications advisor, BMO Capital Markets as its financial advisor, and McCarthy Tétrault LLP and Norton Rose Fulbright LLP as its legal advisors.

About Detour Gold

Detour Gold is an intermediate gold producer in Canada that holds a 100% interest in the Detour Lake mine, a long life large-scale open pit operation. Detour Gold's shares trade on the Toronto Stock Exchange under the trading symbol DGC.

              Media Contact:

              Shareholder and Investor Contact:





     Ian Robertson
     Laurie Gaborit, VP Investor Relations


      Executive Vice President, Communication Strategy
     Detour Gold Corporation



     Kingsdale Advisors
     Tel: 416-304-0581



     Direct: 416-867-2333
     Email: [email protected]



     Cell: 647-621-2646



     Email: [email protected]


SOURCE Detour Gold

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2018/06/c2918.html

SOURCE: Detour Gold

Media Contact: Ian Robertson, Executive Vice President, Communication Strategy,
Kingsdale Advisors, Direct: 416-867-2333, Cell: 647-621-2646, Email:
[email protected];  Shareholder and Investor Contact: Laurie Gaborit,
VP Investor Relations, Detour Gold Corporation, Tel: 416-304-0581, Email:
[email protected]
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