03:46 PM EST - IAMGOLD Corp. : announced the acquisition of 16,088,636 common shares at $0.70 per share for a total investment of $11.26 million, or 17 per cent of the now issued and outstanding common shares of Oromin Explorations Ltd. in partial subscription to a private placement. IAMGOLD Corp.
shares T.IMG are trading up $0.32 at $10.64.
