IAMGold and Repadre Capital Complete Business Combination

IAMGold Corporation and Repadre Capital Corporation completed, on January 7, 2003, a business combination transaction by way of arrangement under the provisions of applicable corporate legislation. In connection with the arrangement, Repadre was amalgamated with a wholly owned subsidiary of IAMGold and each holder of common shares of Repadre was issued 1.6 common shares of IAMGold for each common share of Repadre held. At the time of the completion of the arrangement, the market capitalization of Repadre was approximately $470 million, with the combined entity having an aggregate market capitalization of approximately $1.07 billion.

IAMGold was represented by Fraser Milner Casgrain LLP, with a team led by Frank Davis and including Chad Hutchison and Abbas Ali Khan (corporate and securities), Chris Matthews (litigation) and Brian Carr and Peter Baek (tax). Gil Cornblum and Jonathan Van Horn of Dorsey & Whitney LLP in Toronto advised IAMGold on U.S. securities law matters.

Repadre was represented by Gowling Lafleur Henderson LLP, with a team led by Elizabeth Breen and Leslie Gord, and assisted by Nicholas Dietrich (M&A), Michael Watson (litigation), Vince Imerti and Timothy Wach (tax) and Rob Assal (due diligence and corporate). Liane Heggy of Davis Graham & Stubbs LLP in Denver, Colorado advised Repadre on U.S. tax matters.