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CQX.CN ·

IMC International Mining Corp. Announces $500,000 Private Placement

Financings

LEGAL*48951488.1

IMC International Mining Corp. Announces $500,000 Private Placement

October 3, 2019

Vancouver, BC – International Mining Corp ( CSE: IMCX ) (the “Company” or “IMC”) , is pleased to

announce that it intends to complete a private placement (“Private Placement”) of 1,923,076 units

(“Units”) at a price of $0.26 CDN per Unit. Each Unit will be comprised of one common share and one

common share purchase warrant (“Warrants”), and each Warrant will be exercisable for one common

share a price of $0.32 CDN for a period twenty-four (24) months from their date of issuance. The Company

expects to close the Private Placement on or before Wednesday, October 10, 2019.

ON BEHALF OF THE BOARD OF DIRECTORS

Brian Thurston

Chief Executive Officer and President

ABOUT INTERNATIONAL MINING CORP.

IMC International Mining Corp. is a junior exploration and development company. It is focused on creating

shareholder value through the acquisition, exploration and development of gold assets, which include the

Company’s 100% owned Bullard Pass Property in Arizona.

IMC is currently evaluating other additional properties to add to its portfolio of mining assets.

INVESTOR RELATIONS:

[email protected]

1 (604) 588-2110

imcorp.ca

Forward-Looking Information: This news release contains "forward -looking information" within the meaning of

applicable securities laws, including statements regarding the completion of the Private Placement, t he Company’s

intention to acquire further mineral properties, the Company's business plans and prospects and the future of the

Company’s business, the acquisition, exploration and development of it assets, and the ability to create shareholder

value. Alth ough the Company believes that the expectations reflected in the forward -looking information are

reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to

place undue reliance on forward -looking inf ormation. Such forward -looking statements are subject to risks and

uncertainties that may cause actual results, performance and developments to differ materially from those

contemplated by these statements depending on, among other things, the risks that the Private Placement may not

complete as contemplated (or at all), that the Company may not acquire any additional mineral properties, that the

Company's plans and prospects will vary from those stated in this news release and that the Company may not be

able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any

obligation and does not intend to update any forward -looking statements or forward -looking information in this

news release. Although the Company believes that the expectations reflected in the forward-looking information are

reasonable, there can be no assurance that such expectations will prove to be correct. Accordingly, readers should

not place undue reliance on forward -looking information. T he statements in this news release are made as of the

date of this release.

LEGAL*48951488.1

The CSE has not reviewed, approved or disapproved the content of this press release