IAMGOLD Completes Share Offering

IAMGOLD Corporation, a leading gold mining company, completed the offering of common shares of IAMGOLD by IAMGOLD and certain of its shareholders on June 6, 2002. The offering, led by RBC Capital Markets Inc., consisted of the sale of nine million common shares at $7 per share, for a total of $63 million.

IAMGold was represented by Donahue LLP, with a team that included Frank Davis, Chad Hutchison and Abbas Ali Khan. Fasken Martineau DuMoulin LLP in Toronto acted for the underwriters, with a team that included John Turner and Gregory Ho Yuen (securities, mining) and Giuliana Marinelli (corporate).