11:50 AM EST - IAMGOLD Corporation : announced that INV Metals Inc. has agreed on the terms of the equity that is a condition precedent to its acquisition of the Quimsacocha Project in Ecuador from IAMGOLD Corporation. The Equity Financing will be a private placement of subscription receipts of a corporation that was incorporated to facilitate the Acquisition at a price of $0.10 per Subscription Receipt to raise gross proceeds of $20 million. IAMGOLD Corporation
shares T.IMG are trading down $0.15 at $12.97.
