Ann: PLACE: OGC: OCEANAGOLD COMPLETES BOOKBUILD F

• Release Date: 05/12/12 12:48
• Summary: PLACE: OGC: OCEANAGOLD COMPLETES BOOKBUILD FOR EQUITY RAISING
• Price Sensitive: No
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OGC
05/12/2012 10:48
PLACE

REL: 1048 HRS OceanaGold Corporation (NS)

PLACE: OGC: OCEANAGOLD COMPLETES BOOKBUILD FOR EQUITY RAISING

MEDIA RELEASE

5 December 2012

OCEANAGOLD COMPLETES BOOKBUILD FOR EQUITY RAISING

(MELBOURNE) OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the
Company) is pleased to announce today that, in connection with its previously
announced equity raising (the Offering), it has completed its bookbuild to
raise gross proceeds of $CDN93,300,000, through the issue of common shares
and ASX-listed CHESS Depositary Interests (CDIs) (together, Securities). The
Company filed a preliminary prospectus today with the applicable Canadian
securities regulators in respect of the Offering.
The Offering was led by Citigroup Global Markets Canada Inc. (Citi) and
Macquarie Capital Markets Canada Ltd. (Macquarie) (together, Lead
Underwriters) as part of a syndicate of underwriters, which also included
Cormark Securities Inc, GMP Securities LP and BMO Capital Markets
(collectively, with the Lead Underwriters, the "Underwriters").
The Securities were offered through a bookbuild process which was completed
on 5 December 2012. The common shares were priced at $CDN3.11 per common
share (the Common Share Offering Price).
In Australia, Securities were made available in the form of CDIs for the
Australian Dollar equivalent of the Offering Price (AUD$3.00 per CDI) (the
CDI Offering Price).
The Underwriters of the Offering have also been granted an option (the
Over-Allotment Option) to purchase up to an additional 15% of the number of
Securities, at the Common Share Offer Price or CDI Offering Price (as the
case may be) on the same terms and conditions as the Offering. The
Over-Allotment Option is exercisable in whole or in part at any time within
30 days of the Closing at the sole discretion of the Lead Underwriters.
The Company intends to use the proceeds of the Offering as set forth in the
preliminary prospectus filed today.
The Offering is scheduled to close on or about 18 December 2012.
The Offering is subject to certain customary conditions and regulatory
approvals, including the approval of the Toronto Stock Exchange.

- ENDS -
For further information please contact

Investor Relations - Melbourne
Nova Young or Darren Klinck
Tel: +61(3) 9656 5300

Investor Relations - Toronto
Sam Pazuki
+1 416 915 3123
[email protected] / www.oceanagold.com
About OceanaGold

OceanaGold Corporation is a significant Asia Pacific gold producer with
projects located on the South Island of New Zealand and in the Philippines.
The Company's assets encompass New Zealand's largest gold mining operation at
the Macraes goldfield in Otago which is made up of the Macraes Open Pit and
the Frasers Underground mines. Additionally on the west coast of the South
Island, the Company operates the Reefton Open Pit mine. OceanaGold produces
approximately 230,000 ounces of gold per annum from the New Zealand
operations. The Company also owns the Didipio Project in northern Luzon,
Philippines where commissioning activities are currently underway. Currently,
Didipio is expected to produce 100,000 ounces of gold and 14,000 tonnes of
copper per year over an estimated 16 year mine life.

OceanaGold is listed on the Toronto, Australian and New Zealand stock
exchanges under the symbol OGC.

Important Information
This announcement contains certain 'forward looking statements' within the
meaning of the securities laws of applicable jurisdictions.  Forward looking
statements can generally be identified by the use of forward looking words
such as 'may,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'scheduled' or
'continue' or the negative thereof or comparable terminology.  Any forecasts
or other forward looking statements contained in this announcement are
subject to known and unknown risks and uncertainties and may involve
significant elements of subjective judgment and assumptions as to future
events which may or may not be correct.  Although our management believes
that the assumptions made and the expectations represented by such statement
or information are reasonable, there can be no assurance that any
forward-looking statement or information referenced herein will prove to be
accurate. There are usually differences between forecast and actual results
because events and actual circumstances frequently do not occur as forecast
and these differences may be material. OceanaGold Corporation does not give
any representation, assurance or guarantee that the occurrence of the events
expressed or implied in any forward looking statements in this announcement
will actually occur and you are cautioned not to place undue reliance on
forward looking statements. The Company undertakes no obligation to reissue
or update any forward-looking statements or information as a result of new
information or events after the date hereof except as may be required by law.

This announcement does not constitute an offer, invitation or recommendation
to subscribe for or purchase any securities and neither this announcement nor
anything contained in it shall form the basis of any contract or commitment.
In particular, this announcement does not constitute an offer to sell, or a
solicitation of an offer to buy, securities in the United States, or in any
other jurisdiction in which such an offer would be illegal.
The securities referred to herein have not been and will not be registered
under the Securities Act, or under the securities laws of any state or other
jurisdiction of the United States and may not be offered or sold, directly or
indirectly, within the United States, unless the securities have been
registered under the Securities Act of 1933, as amended (the Securities Act)
or an exemption from the registration requirements of the Securities Act is
available.
This document may not be distributed or released in the United States and is
not for distribution to U.S. Newswire Services.
End CA:00230704 For:OGC    Type:PLACE      Time:2012-12-05 10:48:54