IAMGOLD Corporation IAG 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.
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