TSX: IMG NYSE: IAG
TORONTO, Sept. 10, 2012 /PRNewswire/ - IAMGOLD
Corporation ("IAMGOLD" or the "Company") today announced that
it intends to offer up to a US$500
million aggregate principal amount of senior unsecured notes
due 2020 (the "Notes"). IAMGOLD intends to use the net proceeds of
the Notes for general corporate purposes, including the funding of
capital expenditures and exploration.
The Notes have not been registered under the United States
Securities Act of 1933, as amended (the "Securities Act"), or the
securities laws of any state and may not be offered or sold absent
registration under the Securities Act or an applicable exemption
from the registration requirements thereof. The Notes will be
offered and sold in the United
States only to qualified institutional buyers in accordance
with Rule 144A under the Securities Act and outside the United States in reliance on Regulation S
under the Securities Act. The Notes will be offered and sold in
Canada on a private placement
basis pursuant to certain exemptions from applicable Canadian
securities laws.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction or
an exemption therefrom.
Cautionary Note Regarding 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, including the completion and timing of this offering
and the intended use of proceeds from this offering. They are
forward-looking because they are statements about the future that
are based on what the Company knows and expects today.
Forward-looking statements are generally identifiable by use of the
words "may", "will", "should", "continue", "expect", "anticipate",
"outlook", "guidance", "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, including, but
not limited to, the need to negotiate and execute a purchase
agreement and related documents, need for continued cooperation of
the initial purchasers, need to successfully market the offering,
risks discussed in the risk factors section in IAMGOLD's latest
annual information form. Accordingly, readers should not place
undue reliance on forward-looking statements. IAMGOLD disclaims any
intent or obligations to update or revise publicly any
forward-looking statements whether as a result of new information,
estimates or options, future events or results or otherwise, unless
required to do so by law.
About IAMGOLD
IAMGOLD is a leading mid-tier gold mining
company producing approximately one million ounces annually from
five gold mines (including current joint ventures) on three
continents. In the Canadian province of Québec, the Company also
operates Niobec Inc., which produces more than 4.5 million
kilograms of niobium annually, and owns a rare earth element
resource close to its niobium mine. 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 certain regions
in Canada, select countries in
South America and Africa.
Please note:
This entire news release may be accessed via fax, e-mail, IAMGOLD's
website at www.iamgold.com and through CNW Group's website at
www.newswire.ca. All material information on IAMGOLD can be found
at www.sedar.com or at www.sec.gov.
Si vous désirez obtenir la version française de ce communiqué,
veuillez consulter le
http://www.iamgold.com/French/Home/default.aspx.
SOURCE IAMGOLD Corporation