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TORONTO, ONTARIO--(Marketwire - June 9, 2011) - IAMGOLD Corporation ("IAMGOLD" or the "Company") (TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) announced that, today, it acquired 3,500,000 common shares and 1,750,000 common share purchase warrants of Merrex Gold Inc. ("Merrex") (TSX VENTURE:MXI), as a result of a C$1,750,000 subscription to a non-brokered private placement. Until September 30, 2012, each common share purchase warrant entitles IAMGOLD to purchase one common share of Merrex at a price of C$0.75. |
