IAMGOLD Corporation (IAG) announced the successful closing of its previously announced bought deal equity financing, raising gross proceeds of $300.24 million. The net proceeds will be used to repurchase a 9.7% interest in the Côté Gold mine from Sumitomo Metal Mining Co. Ltd., a subsidiary of Sumitomo (SSUMY) , thereby restoring its 70% interest in the Côté Gold Mine.IAMGOLD, on May 21, 2024, announced that it entered an agreement with a syndicate of underwriters per which they have agreed to purchase, on ...