IEMR Issues Shares Pursuant to a Shares for Services Agreement Issuance of Shares for Service to a Related Party
IEMR RESOURCES INC.
1500 West Georgia Street, Suite 1300 Vancouver, British Columbia V6G 2Z6
TSXV: IRI January 20, 2015
FOR IMMEDIATE RELEASE
IEMR Issues Shares Pursuant to a Shares for Services Agreement
Issuance of Shares for Service to a Related Party
(Vancouver, January 20, 2015) – IEMR Resources Inc. (TSXV: IRI) (the “Company”) wishes to announce that further to its press release dated May 1, 2014, the Company has issued a total of 50,000 common shares (the “Shares”), representing 25,000 common shares for each of the two months of November 2014 to December 2014, as consideration for services performed by Charles Yuen in his role as Chief Financial Officer of IEMR from November 1, 2014 to December 31, 2014 pursuant to the terms of a shares for service agreement. The Shares were issued at a deemed price of $0.05 per share and will be subject to a four month hold period pursuant to the policies of the Exchange.
About IEMR Resources Inc.
IEMR is a junior mining company listed on the TSXV under the symbol “IRI”. The Company is directly tied to and has been formed from capital sources in China and Canada. IEMR is devoted to taking full advantage of its capital by participating in mineral and energy projects ranging from exploration, development, production, processing, smeltering and mineral trade with a long-term view. The Company’s emphasis is on the Chinese and Canadian markets utilizing the capital stemming from China and the resources and market of Canada to create a maximum return for shareholders. The Company’s investment priorities ranked in order are copper, chromium, nickel, manganese, uranium, platinum silver, diamonds and molybdenum. Investment and or acquisitions in exploration projects, will be focused in chromium, manganese, uranium and potash. The Company has already formed alliances of cooperation with large smeltering steel, copper, lead, zinc and aluminum companies.
For further information on IEMR, please refer to the Company’s profile on SEDAR at www.sedar.com or the Company’s website at www.iemr.ca.
On behalf of the Board of Directors of
IEMR RESOURCES INC.
“Hongxue Fu”
Hongxue Fu Chief Executive Officer
For further information, contact: Charles Yuen, Chief Financial Officer IEMR Resources Inc.
Tel: (778) 375-3223
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Cautionary Statement Regarding Forward-Looking Statements
Certain statements made and information contained herein may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities legislation. These statements and information relate to future events, or the Company’s future performance. Often, but not always, forward-looking statements or information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “does not anticipate” or “believes” or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results “may”, “may have”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Although management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These statements speak only as of the date of the news release and are expressly qualified, in their entirety, by this cautionary statement.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV accepts responsibility for the adequacy or accuracy of this release.