August 16, 2016 / 11:12 PM / a year ago

BRIEF-Teranga Gold says one step closer to acquisition of Gryphon Minerals

Aug 16 (Reuters) - Teranga Gold Corp

* Teranga gold one step closer to acquisition of gryphon minerals

* Gryphon directors have unanimously recommended that Gryphon shareholders vote in favour of scheme in absence of a superior proposal

* Federal court of Australia approved scheme booklet for distribution to gryphon shareholders, ordered Gryphon convene the scheme meeting

* Says each Gryphon director intends to vote in favour of scheme in relation to all of Gryphon shares held by them Source text for Eikon: Further company coverage:

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