Re: Holder's List
in response to
by
posted on
Mar 26, 2009 09:13PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
...Whats wrong with this picture, we sell 40 million shares at $1.40 to get us into full production. and , I Am Gold sell 40 million at + $ 8, and spends $ 250 million of it to build a mine.
Toronto, Ontario, March 26, 2009 previously announced overnight marketed public offering of common shares of IAMGOLD Corporation (the “Offering”) at a price of Cdn$8.75 per common share. Including the common shares issued on the exercise of the over-allotment option, IAMGOLD issued 39,445,000 common shares for aggregate gross proceeds of Cdn$345,143,750. The underwriting syndicate was led by Canaccord Capital Corporation and TD Securities Inc. and included CIBC World Markets Inc., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Scotia Capital Inc., UBS Securities Canada Inc., Cormark Securities Inc., National Bank Financial Inc., Paradigm Capital Inc., RBC Capital Markets, Thomas Weisel Partners Canada, Inc., Dundee Securities Corporation, Genuity Capital Markets, Goldman Sachs Canada Inc., and Salman Partners Inc. (collectively, the “Underwriters”). Approximately $250 million of the net proceeds from the Offering are expected to be used to fund the construction and development of the Essakane Project and the balance is expected to fund capital expenditures at IAMGOLD’s other properties and be used for general corporate purposes including future acquisition opportunities
─ IAMGOLD Corporation