IAMGOLD Corporation has announced the pricing of its offering today, rather than later on as my earlier summary expected. The shares will go for $8.75 each, and the offering will be for 34,300,000 common shares. The news release announcing it contains further details, including the full syndicate list.
Currently, IAMGOLD's shares are still halted, and will remain so until 10:15 AM ET. The current posted bid and ask prices are both the same as the secondary-offering price: $8.75.
IAMGOLD Corp.'s Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Tuesday, March 10, 2009
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