IAMGOLD Corporation

IAMGOLD Corporation

December 12, 2005 08:47 ET

IAMGOLD to List on the New York Stock Exchange

TSX Trading Symbol: IMG
AMEX Trading Symbol: IAG
Fully Diluted Shares Outstanding 151.7MM

TORONTO, ONTARIO--(December 12, 2005) - IAMGOLD Corporation ("IAMGOLD" or "the Company")
is pleased to announce that it will list its common shares on the New York
Stock Exchange (NYSE) and trading is expected to begin on December 20, 2005,
under the ticker symbol IAG.

IAMGOLD is not issuing any new shares or raising any new capital as part
of this listing. The company's shares also trade on the Toronto Stock Exchange
under the symbol IMG. To commemorate the listing, William Pugliese, Chairman
of the Board, will be ringing the NYSE opening bell on December 20, 2005.

"IAMGOLD is committed to raising its profile among US and international
investors. This listing on the NYSE will enable increased visibility to the
financial community and investor awareness, not only of IAMGOLD but of the
Canadian gold mining industry. We are proud of our success and are focused on
growing IAMGOLD, this listing was the next logical step for a company of our
size," commented Joe Conway, President and C.E.O. of IAMGOLD. "We have some
very exciting prospects on the horizon with our 100% owned deposit in
Quimsacocha which has been estimated to contain about 3 million ounces of

The NYSE is the largest equity marketplace in the world, home to 2,800
companies. Trading on the average day of 1.46 billion shares valued at
$46.1 billion.

IAMGOLD is a mid-tier gold producing company with estimated 2005 gold
production of 450,000 ounces from its ownership interest in four producing
mines in West Africa. With additional revenue from a 1% royalty on the Diavik
diamond mine, IAMGOLD reports a consistently strong financial position. Growth
prospects exist within its exploration portfolio, with its most advanced
project, 100% owned Quimsacocha deposit in Ecuador, recently being estimated
to contain close to 3 million ounces of gold. IAMGOLD is committed to
increasing shareholder value through growth and opportunity.

Please note

This entire press release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CCNMatthews' website at www.ccnmmathews.com. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.

Contact Information

  • IAMGOLD Corporation
    Joseph Conway
    President and CEO
    Tel: (416) 360-4710
    Fax: (416) 360-4750

    Lisa Doddridge
    Manager, Investor Relations
    Toll-free: 1-888-IMG-9999