Final Results of Re-Opened Tender Offer for Euro Ressources: IAMGOLD Holds 84.55% of Euro Ressources
December 31 2008 - 10:03AM
Marketwired
IAMGOLD Corporation (TSX: IMG)(NYSE: IAG)(BOTSWANA: IAMGOLD)
announced that the final results for the re-opening of its public
offer for Euro Ressources S.A. ("EURO") have been published by the
French Autorite des marches financiers ("AMF") on December 23,
2008. The offering re-opened December 4, 2008 and closed December
17, 2008. As a result of the re-opening of its offer, IAMGOLD
controls directly and indirectly 52,838,639 shares representing
84.55% of the current share capital of EURO. Settlement and
delivery for the shares purchased pursuant to the reopened offer
will occur as per the calendar published by Euronext.
Joseph Conway, IAMGOLD President & CEO said, "Following the
public offer we now hold a clear majority of Euro Ressources. We
are very pleased with the positive impact that this will have on
the cash operating cost of gold production from our Rosebel Mine in
Suriname."
Forward Looking Statement
This press 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 (including, without
limitation, statements regarding the estimation of mineral
resources, exploration results, potential mineralization, potential
mineral resources and mineral reserves) are forward-looking
statements. Forward-looking statements are subject to a number of
risks and uncertainties 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, 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 US 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.
Please note:
This entire press release may be accessed via fax, e-mail,
IAMGOLD's website at www.iamgold.com and through Marketwire's
website at www.marketwire.com. All material information on IAMGOLD
can be found at www.sedar.com or at www.sec.gov.
Si vous desirez obtenir la version francaise de ce communique,
veuillez consulter le http://www.iamgold.com/fr/accueil.html.
Contacts: IAMGOLD Corporation Joseph F. Conway President &
CEO (416) 360-4712 or Toll Free: 1-888-IMG-9999 Email:
jconway@iamgold.com IAMGOLD Corporation Elaine Ellingham SVP,
Investor Relations & Communications (416) 360-4743 or Toll
Free: 1-888-IMG-9999 Email: eellingham@iamgold.com Website:
www.iamgold.com Investor contacts: Financial Dynamics S.A.S.
(France) Valery Lepinette +33 (0)1 47 03 68 10 Email:
valery.lepinette@fd.com Financial Dynamics S.A.S. (France) Clement
Benetreau +33 (0)1 47 03 68 10 Email: clement.benetreau@fd.com
Press Contacts: Financial Dynamics S.A.S. (France) Guillaume
Foucault +33 (0)1 47 03 68 10 Email: guillaume.foucault@fd.com
Financial Dynamics S.A.S. (France) Astrid Villette +33 (0)1 47 03
68 10 Email: astrid.villette@fd.com
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