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IAMGOLD aspires to be a leading Canadian-focused gold producer with a modern multi-asset portfolio, empowered workforce, generating value for all stakeholders.

The company recently started production at Côté Gold – Canada’s next large-scale, long life gold mine which will be a model for modern mining in Canada.

 


Bullboard - Investor Discussion Forum IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces... see more

TSX:IMG - Post Discussion

IAMGOLD Corp > BOD’s EXIT PLAN – IMG/IAG
View:
Post by Luke555 on Apr 22, 2021 2:34pm

BOD’s EXIT PLAN – IMG/IAG

   
PREAMBLE:
I mailed my proxy vote and I feel great! Voting deadline looms closer -MAKE YOUR VOTE COUNT!!!

SHAREHOLDERS:

As I’ve stated several times, I spent my entire career employed in the mining industry at the management level. The issues that we are facing today are no different than the ones we faced 50 years ago. I worked with some of the finest mining executives in the business. In our Policy setting and decision-making meetings, we always had the investor’s best interest at heart because we knew that it was their money on the line.

The current Directors have adopted a complete opposite strategy that has been happening at IMG/IAG for years, the Directors are putting their self-interest first and foremost. I’m a long term shareholder and I remain optimistic and confident about the company’s future.  My purpose in writing these comments is to provide insightful information and common sense to the shareholders and hopefully get them to vote against the BOD. INSTITUTIONAL HOLDERS are you listening; please do not give these guys a free pass! The voting results may surprise some of the skeptical shareholders that remain neutral! I’m confident that the tide is turning and the outcome will not be a landslide for the Directors! Change is on the way!

The 10M dollar Compensation Program 2020 is clear evidence where their prerogatives lie! Under our capitalistic system, leaders must be held accountable and responsible for sub-performance – not rewarded! The Directors exit plan is firmly in place, we all know the BOD’s end-game. Shareholders, in my professional opinion, if you want a reasonable return on your investment, the only solution is to vote them all out at the AGM and clean house. We will be better off in the long run. And I must reiterate, “Each and every vote counts and it could decide the future direction of the company”.


 
 
Comment by Consvestor on Apr 22, 2021 3:21pm
I just voted my shares AGAINST everything that management recommends.  I know we're fighting a losing battle here, but perhaps we can send some small message to the greedy, useless anal sphincters that run this company.
Comment by Luke555 on Apr 22, 2021 6:10pm
Thank you shareholders that have come forward and have voted against the BOD. Use this platform to express your vote against.  I hope this will encourage others to get off the fence and cast their votes. The overriding message is clear, “EVERY VOTE COUNTS”.  We may be fighting a losing battle, but we will certainly send a signal to the establishment that their creed is unacceptable. Let ...more  
Comment by Foshay61 on Apr 23, 2021 12:21am
Count my vote against as well.  Anyone on this board have any connection to the mutual funds that own IMG?  Certainly they can NOT be happy with the returns here.
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Investor Presentation

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Investment Opportunity

Côté Gold: initial production achieved in March 2024, potential to become 3rd largest operating gold mine in Canada
 

Liquidity position of $754.1 million, including $367.1 million in cash & equivalents
 

Proven exploration program focused on unlocking value in key districts with long-term potential near existing infrastructure



Côté Gold Progress - August 2023

Contact Us

Graeme Jennings
Vice President, Investor Relations
T: +1 416 360 4743
C: +1 416 388 6883
info@iamgold.com