Oct 12 (Reuters) - Detour Gold Corp DGC.TO :
* DETOUR GOLD RELEASES REASONABLE SETTLEMENT OFFER TO PAULSON & CO.
* DETOUR GOLD CORP - SETTLEMENT OFFER WOULD RESULT IN ALMOST HALF OF BOARD BEING REFRESHED IN SIX WEEKS
* DETOUR GOLD CORP SAYS WOULD DROP ITS CIVIL CLAIM AGAINST PAULSON
* DETOUR GOLD CORP - PAULSON AND DETOUR GOLD WOULD ENTER INTO AN 18 MONTH STANDSTILL AND MUTUAL NON DISPARAGEMENT
* DETOUR GOLD CORP - NOTWITHSTANDING MARCELO KIM'S INITIAL REJECTION OF OFFER, BOARD "WILL CONTINUE TO BE OPEN TO DIALOGUE AND WILL LEAVE OFFER OPEN"
* DETOUR GOLD CORP - MICHAEL KENYON WILL STEP DOWN AS INTERIM CEO BY NO LATER THAN UPCOMING ANNUAL GENERAL MEETING
* DETOUR GOLD CORP - "WITHOUT WHOLESALE BOARD CHANGE, MARCELO KIM CONTINUES TO DEMAND HIS PRESENCE ON BOARD"
* DETOUR GOLD CORP - ONE ADDITIONAL NOMINEE OF PAULSON APPOINTED IMMEDIATELY TO BOARD
* DETOUR GOLD - CO'S LATEST OFFER OF SETTLEMENT OF OCT 9 WAS REJECTED BY MARCELO KIM OF PAULSON ON FRIDAY
* DETOUR GOLD CORP - PRINCIPAL TERMS OF SETTLEMENT OFFER INCLUDES REMOVAL OF LEGACY DIRECTORS
* DETOUR GOLD CORP - ONE ADDITIONAL LEGACY DIRECTOR TO LEAVE BOARD UNDER THE CO'S SETTLEMENT OFFER
* DETOUR GOLD - PLACEMENT OF ADDITIONAL PAULSON NOMINEE ON CORPORATE GOVERNANCE & NOMINATING COMMITTEE AND SPECIAL COMMITTEE
* DETOUR GOLD CORP - PAULSON NOMINEE WOULD IMMEDIATELY WORK WITH DETOUR GOLD'S ADVISORS AND SPECIAL COMMITTEE
* DETOUR GOLD - SETTLEMENT INCLUDES PAULSON NOMINEE TO WORK WITH ADVISORS, SPECIAL COMMITTEE TO UNDERSTAND WORK DONE IN RELATION TO PAULSON'S THESIS OF SALE OF CO