On October 15, 2009, Randgold Resources Limited and Moto Goldmines announced that the court-approved plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) had become effective and that Randgold and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 B.C. Ltd., now control Moto, having acquired all 111,085,009 outstanding Moto common shares.

Moto shareholders elected to receive, in aggregate, approximately US$76.9 million under the cash election offered by Randgold. In connection with its acquisition of an indirect 50% interest in Moto, AngloGold Ashanti Limited funded the payment to former Moto shareholders under the cash election and has paid to Randgold approximately US$171 million.

Fasken Martineau acted as co-counsel to AngloGold Ashanti in this transaction with a team that included John Turner, Daniel Batista, Krisztian Toth, Jeff Hergott and Jessica Catton.