I note with interest the IAMGOLD announcement refering to the...

I note with interest the IAMGOLD announcement refering to the "close proximity to the Sabopdala mine"..That would be the MDL owned mine..might be some action here in the future.....lets see how the market reads this over the coming weeks....today even.....

IAMGOLD ANNOUNCES EQUITY POSITION IN OROMIN EXPLORATIONS LTD.
Toronto, Ontario, June 19, 2009 – IAMGOLD Corporation (“IAMGOLD” or “the Company”) today
announced it has acquired 16,088,636 common shares at C$0.70 per share for a total investment of
$11.26 million, or 17% of the now issued and outstanding common shares of Oromin Explorations Ltd.
(“Oromin”) in partial subscription to a private placement. Oromin is a TSX listed company with its
principal property being an interest in a joint venture covering a large landholding in Senegal in close
proximity to the Sabodala mine.
The common shares of Oromin acquired by IAMGOLD were acquired for investment purposes.
IAMGOLD does not have any present intention to acquire ownership of, or control over, additional
securities of Oromin. It is the intention of IAMGOLD to evaluate its investment in Oromin on a
continuing basis and such holdings may be increased or decreased in the future.
The Oromin investment is consistent with the Company’s exploration strategy in the region where we
are looking to acquire interests in large prospective land packages.