Toronto, Ontario–(Newsfile Corp. – February 27, 2024) – IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (“IAMGOLD” or the “Company“) announced today that it has completed, through its wholly-owned subsidiary IAMGOLD France S.A.S. (“IAMGOLD France“), the acquisition of all of the outstanding common shares (“EURO Shares“) of EURO Ressources S.A. (“EURO“) (other than the EURO Shares already owned by IAMGOLD France) (the “Acquisition“).
The Acquisition was effected by way of IAMGOLD France’s buy-out offer followed by a squeeze-out in accordance with French law (the “Offer“), which was approved by the Autorité des marchés financiers (“AMF“) on January 23, 2024. Pursuant to the Offer, IAMGOLD, through IAMGOLD France, acquired 6,249,128 EURO Shares, representing approximately 10% of the outstanding EURO Shares, at a price of €3.50 ($C5.13) in cash per EURO Share, for aggregate consideration of €21,871,948 ($C32,066,462).1
The purpose of…
