IAMGOLD renews preliminary base shelf prospectus
TORONTO , March 14, 2018 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced it has filed a preliminary short form base shelf prospectus with the securities regulators in each province and territory of Canada , except for the Province of Quebec , and a corresponding registration statement with the United States Securities and Exchange Commission. These filings, when made final or effective, will allow the Company to make offerings of common shares, first preference shares, second preference shares, debt securities, warrants, subscription receipts or any combination thereof of up to US $1 billion during the next 25 months in the United States and Canada , except for the Province of Quebec . 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, fund potential future acquisitions and for general corporate purposes. The Company filed this new preliminary base shelf prospectus with a view to maintaining financial flexibility but has no immediate intention to undertake an offering.
Today's Free Reports, Eldorado Gold, Gran Colombia Gold, Nemaska Lithium, and IAMGOLD
LONDON, UK / ACCESSWIRE / March 13, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Eldorado Gold, Gran Colombia Gold, Nemaska Lithium, and IAMGOLD. Access our complimentary up-to-the-minute research reports by becoming an online member now:
IAMGOLD Reports Further High-Grade Intersections from Infill and Expansion Drilling at Saramacca
IAMGOLD Corporation ("IAMGOLD" or the "Company") today provided an update from its Phase II 2017 drilling program at the Saramacca project, located 25 kilometres southwest of its Rosebel Gold Mine ("RGM") in Suriname. Following the disclosure of an initial resource estimate (see news release dated September 5(th), 2017), the Company re-commenced drilling operations and completed a further 97 diamond drill holes totaling 24,282 metres to continue to delineate the Saramacca deposit. The primary focus of the program was to increase confidence in the resource and to target resource expansions immediately adjacent to the initial resource pit shell. Assay results from the remaining 60 diamond drill holes totaling nearly 14,360 metres are reported herein.