IAMGOLD Corporation announced the acquisition of 7,142,857 common shares of Blue Thunder Mining Inc. (“Blue Thunder”) at a price of CAD $0.07 per share, as part of a private placement without intermediaries (the “Private Placement”) by Blue Thunder. This investment totals an overall acquisition price of approximately $500,000 CAD

IAMGOLD and Blue Thunder have reached an agreement, under the private placement, on investor rights, pursuant to which IAMGOLD must own at least 10% of the currently issued and outstanding common shares of Blue Thunder to be eligible to participate in future equity financing. of Blue Thunder, to maintain its proportionate interest in Blue Thunder and to appoint an individual to the Blue Thunder board of directors

iamgold is a mid-tier gold producer and project developer based in Canada with operating mines in North America and West Africa. IAMGOLD employs approximately 3,600 people and is committed to maintaining its responsible mining culture in all of its activities by adhering to strict standards of environmental protection, social practices and governance, including its Zero Incidents commitment