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Completion of 2019 Mulloy Work Program

Exploration Programs

IM Exploration Completes 2019 Work Program at Mulloy Project

Toronto, Ontario, December 4, 2019 – IM Exploration Inc. (CSE: IM) (the "Company”) is pleased

to report that further to its September 6, 2019 press release, the Company has completed its initial

exploration program at its Mulloy Graphite Project in Rowlandson Township, Ontario (the

“Property”).

The work at the Property consisted of 10 kilometr es of preliminary line-cutting, followed by 9

kilometres of geophysical surveying, both magnetic and electromagnetic (HLEM).

Exploration efforts were concentrated around a prospective target at the western boundary of the

Property, which had been identified by the Company’s technical consultants.

The Company’s Qualified Person will commence anal ysis and reporting once fieldwork data is

made available over the coming weeks.

About IM Exploration Inc.

The Company is a mineral exploration and development company focused on exploring the

Property in Northern Ontario.

For further information contact:

Joel Freudman

President and Chief Executive Officer

Tel: (647) 880-6414

Caution Regarding Forward-Looking Information

This news release contains statements and information that, to the extent they are not historical fact,

constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-

looking information is based on the reasonable assumptions and estimates of management with respect to

the Company’s exploration program, made based on experience and management’s perception of current

conditions and expected developments, all of which management believes to be reasonable in the

circumstances at the date hereof, but which may ul timately prove to be incorrect. Forward-looking

information herein includes statements relating to the timing and results of the Company’s exploration

program at the Property.

Forward-looking information involves known and unk nown risks, uncertainties and other factors that may

cause the actual results, performance or achievement s of the Company to differ materially from the

outcomes expressed or implied by the forward-looki ng information herein, including, but not limited to,

challenges in analyzing exploration data, and general risk s associated with mineral exploration activities.

Accordingly, readers should not place undue relianc e on any such forward-looking information. The

Company does not undertake any obligation to update any forward-looking information herein to reflect new

developments after the date hereof, except as required by applicable securities legislation.

The Canadian Securities Exchange has neither appr oved nor disapproved the contents of this news

release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy

of this news release.