IMC International Mining Corp. Announces Closing of $526,000 Private Placement
IMC International Mining Corp. Announces Closing of $526,000 Private Placement
October 9, 2019
Vancouver, BC – International Mining Corp ( CSE: IMCX ) (the “Company” or “IMC”) , is pleased to
announce that it has closed on subscriptions in respect of a non-brokered private placement (“Private
Placement”) of 2,023,075 units (“Units”) at a price of $0.26 CDN per Unit, for gross aggregate proceeds to
the Company of $5 26,000 CDN. Each Unit is 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 the date of issuance.
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:
1 (604) 588-211
http://internationalmining.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, the 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. 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. Readers are cautioned not to
place undue reliance on forward -looking information. 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 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 re flected 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. The statements in this
news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release