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TORONTO, ONTARIO--(Marketwire
- July 14, 2011) -
If you are unable to view this release, visit www.iamgold.com.
IAMGOLD Corporation ("IAMGOLD" or the "Company")
(TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) today announced it has obtained
receipt for a final short form base shelf prospectus further to its
filing of a preliminary short form base shelf prospectus previously announced
on June 30, 2011. Both documents have been filed with the securities
regulators in each province and territory of Canada except for Quebec
and a corresponding registration statement with the United States
Securities and Exchange Commission. These filings will allow the
Company to make offerings of shares, warrants, debt securities,
subscription receipts or any combination thereof of up to US$1 billion
during the next 25 months in Canada, except for Quebec, and the United
States. The proceeds from any such offerings may be used by the Company
to further expand and develop its existing mines, advance its
development projects, further explore and develop its mineral
properties, fund working capital requirements or for other general
corporate purposes.
This filing is a renewal of the Company's existing base shelf
prospectus that was never drawn on. The Company filed this final base
shelf prospectus to maintain financial flexibility but has no immediate
intentions to finance.
Forward Looking Statement
This news release contains forward-looking statements. All statements,
other than of historical fact, that address activities, events or
developments that the Company believes, expects or anticipates will or
may occur in the future are forward-looking statements. Forward-looking
statements are generally identifiable by use of the words
"may", "will", "should",
"continue", "expect", "anticipate",
"estimate", "believe", "intend",
"plan" or "project" or the negative of these words
or other variations on these words or comparable terminology.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond the Company's ability to
control or predict, that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking
statements. Factors that could cause actual results or events to differ
materially from current expectations include, among other things,
without limitation, failure to establish estimated mineral resources,
the possibility that future exploration results will not be consistent
with the Company's expectations, changes in world gold markets and
other risks disclosed in IAMGOLD's most recent Form 40-F/Annual
Information Form on file with the United States Securities and Exchange
Commission and Canadian provincial securities regulatory authorities.
Any forward-looking statement speaks only as of the date on which it is
made and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any
forward-looking statement.
About IAMGOLD
IAMGOLD (www.iamgold.com) is
a leading mid-tier gold mining company producing approximately one
million ounces annually from six gold mines (including current joint
ventures) on three continents. IAMGOLD is uniquely positioned with a
strong financial position and extensive management and operational
expertise. To grow from this strong base, IAMGOLD has a pipeline of
development and exploration projects and continues to assess accretive
acquisition opportunities. IAMGOLD's growth plans are strategically
focused in West Africa, select countries in South America and regions
of Canada. IAMGOLD also operates Niobec, a
niobium mine in the Canadian province of Quebec.
Please note:
Si vous desirez obtenir la version francaise de ce communique, veuillez consulter le http://www.iamgold.com/French/Home/default.aspx.
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