Randgold Resources Limited (RRS.LN), said Monday it has entered into an Irrevocable Commitment to implement the Proposed Randgold Transaction with Moto Goldmines Limited (MOE).

MAIN FACTS:

-Randgold has support from shareholders of Moto representing 36.1% of the issued and outstanding common shares of Moto to vote in favour of the Proposed Randgold transaction and to vote against the Red Back transaction, if it is not withdrawn, as well as formal written support for the Proposed Randgold Transaction from the Government of the Democratic Republic of the Congo.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com