Paulson Increases Stake in Detour Gold and Calls for Immediate Resignation of CEO Michael Kenyon and Chairman Alex Morrison

NEW YORK, NY November 15, 2018 – Paulson & Co. Inc. (“Paulson”), one of the largest, long-term shareholders in Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”), announced that it purchased additional shares of Detour Gold after the Company reported its third quarter results and the share price declined. The purchase brings Paulson’s total […]

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Paulson Demands Information from Detour Gold be Released to Shareholders Record Date for Special Meeting Triggers Need for Information

NEW YORK, NY November 9, 2018– Paulson & Co. Inc. (“Paulson”), one of the largest, long-term shareholders in Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”), today released a list of questions it believes the Company should address in the circular it files for the upcoming Special Meeting. Today is the Record Date for the meeting. These questions are intended to ensure the Company is transparent in providing shareholders with information fundamental to evaluating the responsibility of the Board for Detour Gold’s failed performance.

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Paulson & Co. Settlement Offer to Detour Gold Ignored – Shareholder Disappointed but not Surprised by Board’s Entrenchment and Disingenuous Approach to Negotiations

NEW YORK, NY October 12, 2018 – Paulson & Co. Inc. (“Paulson”), one of the largest, long-term shareholders in Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”), initiated a dialogue with the Company this week in an attempt to reach a negotiated settlement with Detour Gold. The two settlement alternatives it provided to the Company this morning were rejected out-of-hand by its entrenched board of directors, via the media rather than to Paulson directly.

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Paulson Publishes Shareholder Letter and Launches Website for Detour Gold Shareholders

NEW YORK, NY September 11, 2018– Paulson & Co. Inc. (“Paulson”), one of the largest, long-term  shareholders in Detour Gold Corporation(TSX: DGC) (“Detour Gold” or the “Company”), today published a letter to fellow shareholders of the Company and filed and commenced mailing an information circular. Paulson also launched www.shareholdersfordetour.com, where shareholders can find information leading up to the special meeting of shareholders which Detour Gold has scheduled for December 11, 2018.

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Paulson Notes Detour’s Continued Entrenchment and Insider Selling

NEW YORK, NY August 28, 2018– Paulson & Co. Inc. (“Paulson”) criticized the decision by the Board of Directors of Detour Gold Corporation(TSX: DGC) (“Detour Gold” or the “Company”) to force shareholders to wait until December 11 before being able to vote on a new independent Board.  The latest entrenchment tactic impedes and delays Paulson’s efforts to hold the Board accountable for ongoing substantial value destruction.  Many significant shareholders have publicly endorsed replacing directors.

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Paulson & Co. Inc. Requisitions Special Meeting of Detour Gold Shareholders, Nominates Eight Highly Qualified Directors to Bring Positive Change

NEW YORK, NY July 26, 2018– Paulson & Co. Inc. (“Paulson”), as investment manager of certain investment funds, has requisitioned a special meeting of shareholders to replace the Board of Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”). Shareholders will have the opportunity to take back control of their Company from a self-serving Board.

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Paulson & Co. Inc. Corrects False and Misleading Statements from Detour Gold

NEW YORK, July 18, 2018 (GLOBE NEWSWIRE) — Paulson & Co. Inc. (“Paulson”), one of the largest institutional investors in Detour Gold Corporation (TSX:DGC) (“Detour Gold” or the “Company”) provided the following in response to this afternoon’s false and misleading communication from Detour Gold, where it made allegations that are proven incorrect by the facts:

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Paulson & Co. Provides Update on Detour Gold Corporation

NEW YORK, July 18, 2018 (GLOBE NEWSWIRE) — Paulson & Co. Inc. (“Paulson”), one of the largest institutional investors in Detour Gold Corporation (TSX:DGC) (“Detour Gold” or the “Company”), announced today that it will move forward with its efforts to replace a majority of the Detour Gold Board of Directors with new highly qualified, independent nominees committed to exploring all strategic alternatives including a potential sale of the Company.

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