IAMGOLD Launches Major Common Share Offering
Company Announcements

IAMGOLD Launches Major Common Share Offering

IAMGOLD (TSE:IMG) has released an update.

IAMGOLD Corporation has entered into an underwriting agreement to sell 72 million common shares, with the option for underwriters to purchase an additional 10.8 million shares. The offer is in accordance with Canadian and U.S. securities laws, allowing for a distribution of shares via a short form base shelf prospectus and related documents filed with regulatory authorities. The company has also filed the necessary documents with the U.S. Securities and Exchange Commission.

For further insights into TSE:IMG stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!