Yamana Gold Inc. Yamana Reports Securityholdings of Trident Gold Resulting From a Qualifying Transaction
February 18 2013 - 2:00AM
UK Regulatory
TIDMYAU
Yamana Reports Securityholdings of Trident Gold Resulting From a Qualifying Transaction
FOR: YAMANA GOLD INC.
TSX SYMBOL: YRI
NYSE SYMBOL: AUY
LSE SYMBOL: YAU
February 15, 2013
Yamana Reports Securityholdings of Trident Gold Resulting From a Qualifying Transaction
TORONTO, ONTARIO--(Marketwire - Feb. 15, 2013) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(LSE:YAU) ("Yamana" or
"the Company") reports that in connection with the completion of the qualifying transaction ("Qualifying
Transaction") of Trident Gold Corp. ("Trident"), formerly Andor Mining Inc. ("Andor"), the Company holds
ownership and control over 3,822,814 common shares ("Shares") and 2,915,503 warrants ("Warrants") of Trident,
representing approximately 11.38% of the issued and outstanding Shares of Trident and 18.46% after giving
effect to the exercise of the Warrants. Yamana acquired the securities pursuant to the transaction exemption in
section 2.11 of National Instrument 45-106 Prospectus and Registration Exemptions. The deemed price per Share
and Warrant was $0.06.
Pursuant to the Qualifying Transaction, Andor acquired all of the issued and outstanding shares of Trident (the
"Trident Shares"), with the former Trident shareholders (including Yamana) receiving one (1) common share of
Andor for each 10.75 Trident Shares held.
Yamana has no current intention to acquire ownership or control over additional securities of Trident. It is
the intention of Yamana to evaluate its investment in Trident on a continuing basis and such holdings may be
decreased or increased in the future.
About Yamana
Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties,
exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to
continue to build on this base through existing operating mine expansions, throughput increases, development of
new mines, advancement of its exploration properties and by targeting other gold consolidation opportunities
with a primary focus in the Americas.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains "forward-looking statements"
within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable
Canadian securities legislation. Except for statements of historical fact relating to the Company, information
contained herein constitutes forward-looking statements, including any information as to the Company's
strategy, plans or future financial or operating performance. Forward-looking statements are characterized by
words such as "plan," "expect", "budget", "target", "project", "intend," "believe", "anticipate", "estimate"
and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking
statements are based on the opinions, assumptions and estimates of management considered reasonable at the date
the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and
unknown factors that could cause actual events or results to differ materially from those projected in the
forward-looking statements.
These factors include the Company's expectations in connection with the expected production and exploration,
development and expansion plans at the Company's projects discussed herein being met, the impact of proposed
optimizations at the Company's projects, the impact of the proposed new mining law in Brazil and the impact of
general business and economic conditions, global liquidity and credit availability on the timing of cash flows
and the values of assets and liabilities based on projected future conditions, fluctuating metal prices (such
as gold, copper, silver and zinc), currency exchange rates (such as the Brazilian Real, the Chilean Peso, the
Argentine Peso, and the Mexican Peso versus the United States Dollar), possible variations in ore grade or
recovery rates, changes in the Company's hedging program, changes in accounting policies, changes in mineral
resources and mineral reserves, risk related to non-core mine dispositions, risks related to acquisitions,
changes in project parameters as plans continue to be refined, changes in project development, construction,
production and commissioning time frames, risk related to joint venture operations, the possibility of project
cost overruns or unanticipated costs and expenses, higher prices for fuel, steel, power, labour and other
consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment
or processes to operate as anticipated, unexpected changes in mine life, final pricing for concentrate sales,
unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the
development of new deposits, success of exploration activities, permitting time lines, government regulation
and the risk of government expropriation or nationalization of mining operations, environmental risks,
unanticipated reclamation expenses, title disputes or claims, limitations on insurance coverage and timing and
possible outcome of pending litigation and labour disputes, as well as those risk factors discussed or referred
to in the Company's current annual Management's Discussion and Analysis and Annual Information Form filed with
the securities regulatory authorities in all provinces of Canada and available at www.sedar.com, and the
Company's Annual Report on Form 40-F filed with the United States Securities and Exchange Commission. Although
the Company has attempted to identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may be other factors that cause
actions, events or results not to be anticipated, estimated or intended.
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. The Company undertakes no
obligation to update forward-looking statements if circumstances or management's estimates, assumptions or
opinions should change, except as required by applicable law. The reader is cautioned not to place undue
reliance on forward-looking statements. The forward-looking information contained herein is presented for the
purpose of assisting investors in understanding the Company's expected financial and operational performance
and results as at and for the periods ended on the dates presented in the Company's plans and objectives and
may not be appropriate for other purposes.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Yamana Gold Inc.
Lisa Doddridge, Vice President,
Corporate Communications and Investor Relations
416-945-7362 or 1-888-809-0925
lisa.doddridge@yamana.com
Yamana Gold Inc.
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