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IAMGOLD Corporation

09:37 AM EST - IAMGOLD Corporation : Has closed the sale of its 90% interest in the Boto Gold Project in Senegal and its 100% interest in the early stage exploration properties of Boto West, Senala West, Daorala and the vested interest in the Senala Option Earn-in Joint Venture, also in Senegal, for aggregate gross cash proceeds of approximately $197.6 million (pre-tax). The gross proceeds include deferred payments of approximately $32 million which are expected to be received during the third quarter 2023. The remaining 10% interest in Boto will continue to be held by the Government of Senegal. IAMGOLD Corporation shares T.IMG are trading unchanged at $3.91.