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IMR.V ·

2017-03-01 New Release iMetal Announces Non-Brokered Private Placement iMetal Resources, Inc (“IMR” or the “Company”) is pleased to announce a non -brokered private placement for up to $550,000 comprised of up to 11,000,000 units at a price of $0.05 per unit (the

Financings

iMetal Resources, Inc (“IMR” or the “Company”) is pleased to announce a non-brokered private placement for up to $550,000 comprised of up to 11,000,000 units at a price of $0.05 per unit (the “Units”). Each Unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share for a two (2) year period at a price of $0.05 per share (“the Warrants”). The Warrants may be accelerated under certain terms if the closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.15 for any 10 consecutive days.

Proceeds raised from the private placement will be used for general working capital. The price placement is subject to TSX Venture Exchange approval.

ON BEHALF OF THE BOARD OF DIRECTORS,

Johan Grandin CEO, IMetal Resources Inc.