International Metals Announced Effective Date of Consolidation
NEWS RELEASE
INTERNATIONAL METALS ANNOUNCED EFFECTIVE DATE OF CONSOLIDATION
Vancouver, British Columbia (November 15, 2024) – International Metals Mining Corp. (the “Company”) (TSXV: IMM | OTCQB: CYNXF | FSE: C2YD) announces that the Company will implement the consolidation of its common shares in the capital of the Company (the “Shares”) on the basis of four
(4) pre-consolidation Shares for every one (1) post-consolidation Share (the “Consolidation”) effective as of November 20, 2024.
The Company name will remain unchanged after the Consolidation. The new CUSIP number will be 45986N201 and the new ISIN number will be CA45986N2014 for the post-Consolidation Shares.
The total issued and outstanding number of Shares post-Consolidation will be approximately 7,031,849, subject to rounding for fractional Shares.
No fractional Shares will be issued in connection with the Consolidation. In the event a holder of Shares would otherwise be entitled to receive a fractional Share in connection with the Consolidation, the fractional Share will be cancelled if it is less than one-half (1/2) of a Share, and will be changed to one whole Share if that fractional Share is equal to or greater than one-half (1/2) of a Share.
The exercise or conversion price, and the number of Shares issuable under any of the Company’s outstanding convertible securities, if any, will be proportionately adjusted upon the effectiveness of the Consolidation.
Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting they forward pre-Consolidation Share certificates to the Company’s transfer agent, Computershare Investor Services Inc. in exchange for new Share certificates representing Shares on a post-Consolidation basis. Shareholders who hold their Shares through a broker or other intermediary and do not have Shares registered in their own name will not be required to complete a letter of transmittal.
About International Metals Mining Corp.
International Metals Mining Corp. is a Canadian company engaged in the acquisition, exploration, and development of mineral properties focusing on battery metals and mineral assets. The Company is focused on its 100% owned copper-gold porphyry property in Peru.
Per: “Brian Thurston”
Brian Thurston President and CEO
Tel: +1 778 928-6565
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