TSX: IMG NYSE: IAG
TORONTO, Jan. 15, 2014 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") 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
July 22, 2013. 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 net proceeds from any such offerings may be used by the
Company to fund on-going operations and/or capital requirements, reduce
the level of indebtedness outstanding from time to time, fund capital
programs, potential future acquisitions and for general corporate
purposes. The Company filed this final base shelf prospectus to
maintain financial flexibility but has no immediate intentions to
undertake an offering.
About IAMGOLD
IAMGOLD (www.iamgold.com) is a mid-tier mining company with six operating gold mines (including
current joint ventures) on three continents and one of the world's top
three niobium mines. 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.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
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 (including, without limitation, statements
regarding expected, estimated or planned gold and niobium production,
cash costs, margin expansion, capital expenditures and exploration
expenditures and 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 generally identifiable by use of the
words "may", "will", "should", "continue", "expect", "anticipate",
"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. Factors that could cause actual results or events to differ
materially from current expectations include, among other things,
without limitation, failure to meet expected, estimated or planned gold
and niobium production, cash costs, margin expansion, capital
expenditures and exploration expenditures and 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 United States
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 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
Bob Tait, VP Investor Relations
Tel: (416) 360-4743 Mobile: (647) 403-5520
Laura Young, Director Investor Relations
Tel: (416) 933-4952 Mobile (416) 670-3815
Penelope Talbot-Kelly, Analyst Investor Relations
Tel: (416) 933-4738 Mobile (647) 280-0519
IAMGOLD Corporation Toll-free: 1 888 464-9999 info@iamgold.com
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