Tous Actualités
Suivre
Abonner IAMGOLD Corporation

IAMGOLD Corporation

IAMGOLD Comments on the Results of the Goldfields Shareholder Meeting

Toronto (ots/PRNewswire)

    TSX Trading Symbol:        IMG
    AMEX Trading Symbol:       IAG
    Total Shares Outstanding:  145.6MM
    Fully Diluted:             151.6MM
    52-Week Trading Range:     Cdn$5.75 - $10.99
IAMGOLD notes that at the meeting of Goldfields Shareholders
today, a 51.4% majority voted against the resolution to proceed with
the transaction with IAMGOLD.
Joseph Conway, President and CEO of IAMGOLD said, "We are
disappointed, as are our shareholders, who had given their
overwhelming support for this transaction. In fact, as of today, more
than 72% of IAMGOLD's shareholders had voted and that vote was more
than 98% in favour of the transaction. On the positive side for our
shareholders, there is now a clear outcome to a process that began
some months ago. IAMGOLD remains one of the leading intermediate
producers with a strong balance sheet and excellent growth prospects,
both at its operating mines and its exploration projects. We are now
free to pursue the opportunities for growth and value creation, both
internally and externally, which have been placed on the 'back
burner' these past several months while the various corporate
transactions were pending."
Cautionary Statements
Safe Harbor Statement under the United States Private Securities
Litigation Reform Act of 1995: Except for the statements of
historical fact contained herein, the information presented
constitutes "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including but not limited to those with
respect to the price of gold, silver and copper, the timing and
amount of estimated future production, costs of production, reserve
determination and reserve conversion rates involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievement of IAMGOLD or Gold Fields to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Such factors include, among others, risks related to the integration
of acquisitions, risks related to international operations, risks
related to joint venture operations, the actual results of current
exploration activities, actual results of current reclamation
activities, conclusions of economic evaluations, changes in project
parameters as plans continue to be refined, future prices of gold,
silver and copper, as well as those factors discussed in the section
entitled "Risk Factors" in the Form 40-F for each company as on file
with the Securities and Exchange Commission in Washington, D.C.
Although IAMGOLD has attempted to identify important factors that
could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements.
Investors are advised that National Policy 43-101 of the Canadian
Securities Administrators requires that each category of mineral
reserves and mineral resources be reported separately. Investors and
securities holders should refer to the respective annual information
forms of IAMGOLD each for the year ended December 31, 2003 available
at www.sedar.com, for this detailed information, which is subject to
the qualifications and notes set forth therein. United States
investors are advised that while the terms "measured", "indicated"
and "inferred" resources are recognized and required by Canadian
regulations, the SEC does not recognize them. Inferred mineral
resources have a great amount of uncertainty as to their existence
and great uncertainty as to their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral
resource will ever be upgraded to a higher category. Under Canadian
rules, estimates of inferred mineral resources may not form the basis
of feasibility or other economic studies. Investors are cautioned not
to assume that all or any part of mineral deposits in these
categories will ever be converted into reserves. Investors are also
cautioned not to assume that all or any part of an inferred mineral
resource exists or is economically or legally mineable.
Please note:
This entire press release may be accessed via fax, e-mail,
IAMGOLD's  website at www.iamgold.com and through Canada NewsWire's
website at  www.newswire.ca. All material information on IAMGOLD can
be found at  www.sedar.com or at www.sec.gov. If you wish to be
placed on IAMGOLD's e-mail  press release list please contact us at 
info@iamgold.com.

Contact:

For further information: please contact Joe Conway, President and
CEO, or Tom Atkins, Vice-President, Investor Relations, Tel:
+1-416-360-4710, Fax: +1-416-360-4750, Toll-free: 1-888-IMG-9999

Plus de actualités: IAMGOLD Corporation
Plus de actualités: IAMGOLD Corporation
  • 19.10.2004 – 09:06

    /C O R R E C T I O N -- IAMGOLD Corporation/

    Toronto, Canada (ots/PRNewswire) - In the news release, "Goldfields Board Reaffirms Commitment to IAMGOLD Transaction" issued on 19 Oct 2004 06:25, by IAMGOLD Corporation amex:IAG over PR Newswire, please note that the country codes in the fifth paragraph headed ACTUAL CONFERENCE CALL should all be +1-(0)800. Complete, corrected release follows: Earlier today, in a statement issued to the Johannesburg ...

  • 19.10.2004 – 07:29

    Goldfields Board Reaffirms Commitment to IAMGOLD Transaction

    Toronto, Canada (ots/PRNewswire) - Earlier today, in a statement issued to the Johannesburg Stock Exchange the Board of Directors of Gold Fields Limited (JSE, NYSE:GFI) ("Gold Fields") indicated its unanimous rejection of the unsolicited offer from Harmony Gold Mining Company Limited (NYSE: HMY; JSE: HAR) ("Harmony") made earlier today to purchase Gold Fields. The Board of Gold Fields reaffirmed its commitment to the ...

  • 30.09.2004 – 17:58

    Signing of the Definitive Agreement Between Gold Fields Limited and IAMGOLD Corporation

    Toronto, Canada and Johannesburg, South Africa (ots/PRNewswire) - Further to the announcement of August 11, 2004, Gold Fields Limited (JSE: GFI) (NYSE: GFI) ("Gold Fields") and IAMGOLD Corporation, (TSX: IMG; AMEX: IAG) ("IAMGOLD") today announced that they have signed a definitive agreement setting out the terms on which IAMGOLD will acquire the assets of Gold ...