BRIEF-Iamgold says sells position in Galane Gold

Wed Mar 16, 2016 5:47pm EDT
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March 16 (Reuters) - Iamgold Corp :

* Iamgold sells position in Galane Gold

* Sold 21.9 million shares of Galane Gold held pursuant to deal by which Galane acquired ownership of Mupane gold mine

* No longer holds any shares of, or warrants to purchase shares of, galane and thus holds a 0 percent interest in Galane's common shares

* Says does not have any present intention to acquire ownership of, or control or direction over, additional securities of galane Source text for Eikon: Further company coverage: