All monetary amounts are expressed in U.S.
dollars, unless otherwise indicated.
TORONTO, Aug. 16, 2016 /CNW/ - IAMGOLD Corporation
("the Company") announces that it has closed a previously
announced bought deal offering at a price of $5.15 per common share (the "Offering Price").
The underwriters have exercised the over-allotment option in full
to purchase an additional 5,827,500 common shares at the Offering
Price. As a result, a total of 44,677,500 common shares were
sold in the offering for aggregate gross proceeds of $230 million.
The shares were purchased on a bought deal basis by a syndicate
of underwriters led by TD Securities Inc., National Bank Financial
Inc. and Morgan Stanley Canada Ltd., which included Citigroup
Global Markets Canada Inc., Deutsche Bank Securities Inc., GMP
Securities L.P., Canaccord Genuity Corp., CIBC World Markets Inc.,
Cormark Securities Inc., Paradigm Capital Inc., Raymond James Ltd.,
Scotia Capital Inc., Credit Suisse Securities (Canada), Inc. and Macquarie Capital Markets
Canada Ltd.
About IAMGOLD
IAMGOLD is a mid-tier mining company
with four operating gold mines on three continents. A solid base of
strategic assets in Canada,
South America and Africa is complemented by development and
exploration projects and continued assessment of accretive
acquisition opportunities. IAMGOLD is in a strong financial
position with extensive management and operational
expertise.
SOURCE IAMGOLD Corporation