Oromin Explorations Ltd OLEPF

Interesting if nothing else

[figtrader]

IAMGOLD Files Final Base Shelf Prospectus for Renewal of Existing Facility

IAMGOLD Corp IMG

7/14/2011 12:00:30 PM

TORONTO, ONTARIO, Jul 14, 2011 (MARKETWIRE via COMTEX News Network) --

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.

[johnnycash&stocks]

here is a mention of IAMGOLD and it's accretive nature along with the all too coincidental operational locations. https://seekingalpha.com/article/279362-7-vastly-undervalued-highly-profitable-gold-and-silver-miners-poised-to-pop looking forward to tuesday and not just for the free hotdogs ;-)