First Eagle Investment Management, LLC

November 09, 2010 11:25 ET

First Eagle Investment Management-Correction Regarding its Acquisition of a 6.41% Interest in Baffinland Iron Mines Corporation

NEW YORK, NEW YORK--(Marketwire - Nov. 9, 2010) - First Eagle Investment Management, LLC ("First Eagle") purchased 14,000,000 common shares of Baffinland Iron Mines Corporation ("Baffinland") on November 8, 2010, not 12,000,000 as announced in a news release on November 8, 2010. All of the other information in the November 8 news release was accurate, including the fact that accounts and funds managed by First Eagle currently hold 22,000,000 (approximately 6.41% of the outstanding) common shares of Baffinland.

Contact Information

  • First Eagle Investment Management, LLC
    Mark Goldstein
    General Counsel
    (212) 698-3000