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IAMGOLD Announces Implementation of Squeeze-Out for the Common Shares of Euro Ressources
Toronto, Ontario--(Newsfile Corp. - February 13, 2024) -  IAMGOLD Corporation (TSX: IMG) ...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Announces Implementation of Squeeze-Out for the Common Shares of Euro RessourcesToronto, Ontario--(Newsfile Corp. - February 13, 2024) -  IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (\"IAMGOLD\" or the \"Company\"), announced today that its wholly-owned subsidiary IAMGOLD France S.A.S. (\"IAMGOLD France\") has notified the Autorité des marchés financiers (\"AMF\") in France of its intention to implement a squeeze-out under French law (the \"Squeeze-Out\") for the remaining 5,291,832 common shares (\"EURO Shares\") of EURO Ressources S.A. (\"EURO\") that IAMGOLD France does not already own for cash consideration of €3.50 per EURO Share net of all applicable costs (the \"Squeeze-Out Consideration\") in accordance with the terms of IAMGOLD France's buy-out offer under French law to acquire all of the outstanding EURO Shares (the \"Offer\") that was approved by the AMF on January 23, 2024, as previously announced by the Company on November 14, 2023 and January 24, 2024. Pursuant to the notice issued by the AMF on February 12, 2024 (the \"Notice\"), the Squeeze-Out will be implemented on February 27, 2024 and the remaining 5,291,832 EURO Shares not already owned by IAMGOLD France will be transferred to IAMGOLD France in exchange for the Squeeze-Out Consideration. The Notice is available on the website of the AMF (www.amf-france.org). On February 13, 2024, the Euronext Paris stock exchange published a timetable for implementation of the Squeeze-Out and delisting of the EURO Shares on February 27, 2024, which is available on its website (https://www.euronext.com/fr/markets/paris). An offer document and information on the legal, financial and accounting characteristics of IAMGOLD France supplementing the offer document, prepared in accordance with French law and approved by the AMF on January 23, 2024, disclosing, among other things, the terms of, and proposed timetable for, the Offer as well as certain legal, financial and accounting information concerning IAMGOLD France are available on the websites of IAMGOLD (www.iamgold.com) and the AMF (www.amf-france.org), and under EURO's profile on SEDAR+ (www.sedarplus.ca). The IAMGOLD website does not constitute a part of, and is not incorporated by reference into, the offer document or any of the other mentioned documents.A reply document prepared by EURO, and ap...