IAMGOLD ACQUIRES SHARES OF INV METALS INC.Subscription Agreement • October 28th, 2019 • Iamgold Corp • Gold and silver ores
Toronto, Ontario, October 28, 2019 - IAMGOLD Corporation ("IAMGOLD" or the "Company") today entered into a subscription agreement (the "Subscription") with INV Metals Inc. ("INV") pursuant to which IAMGOLD will indirectly, through a wholly-owned subsidiary, acquire 13,889,880 common shares of INV (the "INV Shares"), from treasury, at a price of C$0.40 per INV Share, for gross proceeds totalling C$5,555,952.
