Press release of IAMGOLD Corporation simplified cash tender offer for the common shares of EURO Ressources

Launched by IAMGOLD Corporation

Presented by SOCIETE GENERALE Corporate & Investment Banking

Offer price: €2.84 per Euro Ressources S.A. common shareOffer period: From November 16, 2015 to December 11, 2015 inclusive

This press release has been prepared and disseminated by IAMGOLD Corporation ("IAMGOLD") in accordance with the provisions of article 231-27 1° and 2° and article 231-28 I of the General Regulations of the Autorité des marchés financiers (the "AMF").

Important noticeIn the event that, upon the closing of the simplified tender offer (the "Offer"), the conditions set forth pursuant to articles L. 433-4 III of the French Monetary and Financial Code and 237-14 et seq. of the General Regulations of the AMF are met, IAMGOLD has the intention to implement, at the latest within three months following the closing of the Offer, a mandatory squeeze-out procedure in exchange for compensation equal to €2.84 per Euro Ressources S.A. share, equal to the price of the Offer.

TORONTO, Nov. 12, 2015 /CNW/ - In accordance with the provisions of article L. 621-8 of the Monetary and Financial Code and article 231-23 of its General Regulations, the AMF has, in application of its declaration of conformity of the Offer dated November 12, 2015, affixed visa No. 15-578 dated November 12, 2015 on the offer information note prepared by IAMGOLD.

The information relating in particular to the legal, financial and accounting characteristics of IAMGOLD was filed with the AMF on November 12, 2015 and made available to the public in accordance with the provisions of article 231-28 of the AMF's General Regulations.

Such information and the offer information note approved by the AMF are available on the websites of IAMGOLD (www.iamgold.com) and of the AMF (www.amf-france.org) and may be obtained free of charge upon request to:

Société Générale CORI/COR/FRA, 75886 Paris Cedex 18

CONTACTS

Bob Tait, VP Investor Relations, IAMGOLD CorporationTel: +1 (416) 360-4743 Mobile: +1 (647) 403-5520 Toll-free: 1-888-464-9999 [email protected]

For enquiries in French: Marie Diop, Corporate Affairs Manager, IAMGOLD CorporationWithin France: ‎0805 38 37 37 (toll free)From outside France: ‎+33 805 38 37 37 (toll applies)

The Offer is made for the securities of a French issuer and is subject to the AMF General Regulations. As of the date of the information note, IAMGOLD contemplates extending the Offer to Canadian and U.S. residents. The Offer will be made in accordance with French securities laws, and, accordingly will be subject to disclosure and other procedural requirements that are different from those of the United States applicable to tender offers for securities of an SEC reporting company. The Offer will be exempt from take-over bid requirements of Canadian securities laws. The information note has not been filed with nor reviewed by the U.S. Securities and Exchange Commission. Holders of EURO RESSOURCES shares having their place of residence, registered office or habitual place of abode in the United States are also directed to see Section 2.6.2 of the information note ("Special information for U.S. shareholders").

This press release was prepared for information purposes only. It does not constitute an offer to the public. This press release is not intended for circulation in countries other than France, subject to the publication of this document on IAMGOLD's website pursuant to applicable regulations. The circulation of this press release, the Offer or acceptance of the Offer may be subject to specific regulations or restrictions in some countries. Persons in possession of this document must comply with the restrictions applicable in their countries.

SOURCE IAMGOLD Corporation