IMC International Mining Corp. Applies for Upgrade to OTCQB Venture Market & Provides Corporate Update
IMC International Mining Corp. Applies for Upgrade to OTCQB Venture
Market & Provides Corporate Update
December 29, 2020
Vancouver, BC – IMC International Mining Corp. (CSE:IMCX) (OTC:IMIMF) (FRA:3MX) (the
“Company” or “IMC”) is pleased to announce that is has applied to upgrade to the OTCQB Venture Market.
The Company currently trades on the OTC Pink Market under the symbol IMIMF and expects the upgrade
to broaden investor visibility and enhance liquidity in the United States.
The OTCQB, operated by OTC Markets Group Inc., is a premier market for entrepreneurial and development
stage U.S. and international companies that are committed to providing investors high -quality trading and
improved market visibility to enhance trading liquidity. To be eligible for trading on the OTCQB, companies
must be current in their financial reporting with the Securities and Exchange Commission (the "SEC") (if a
U.S. reporting company), pass a minimum bid price test and other initial requirements, and, on an annual
basis, undergo company verification and management certification process.
Interim Chief Executive Officer, David M cMillan remarked, “We are excited about IMC’s upgrade to the
OTCQB Venture Market. This milestone exhibits our continued commitment to our shareholders and we
believe trading on the OTCQB will enhance liquidity, compliment our Canadian and German listings and
further increase our visibility to the greater investor community.”
Work to date on IMC’s 100% owned Thane Property, located in north -central British Columbia, has so far
identified six areas of significant gold copper silver mineralization. At the 2 km by 1.5 km Cathedral
Area, rock sampling has returned up to 20.1g/t Au and 3.29% Cu from the Pinnacle Showing and up to
6.85g/t Au and 13.90 % Cu from the Cathedral Showing. The geological model for this area is interpreted
to be an alkalic porphyry, which is consistent with other deposits in the area. Results from this past summers’
geological mapping, rock and soil sampling and IP surveying are expected in early January.
The scientific and technical information disclosed in this news release was reviewed, verified and approved
by Christopher O. Naas, P. Geo., COO of I MC International, who is a "Qualified Person" as defined in NI
43-101.
ON BEHALF OF IMC INTERNATIONAL MINING CORP.
David McMillan
Interim Chief Executive Officer and Director
Telephone: +1-604-588-2110
Investor Relations:
Email: [email protected]
Telephone: +1-604-588-2110
https://imcxmining.com
ABOUT IMC INTERNATIONAL MINING CORP.
IMC is a junior exploration and development company focused on creating shareholder value through the
advancements of its current assets that include the Cathedral Property in north-central British Columbia, and
the Bullard Pass Property in Arizona. Utilizing its heavily experienced management team, IMC continues to
source and evaluate assets to further generate shareholder value.
The Cathedral property covers approximately 206 km2 (50,904 acres) and is located in the Quesnel Terrane
of north-central British Columbia. The northern part of the Quesnel Terrane extends from south of the Mt.
Milligan Mine northward to the Kemess Mine, with the Cathedral property located midway between these
two copper-gold porphyry deposits. The Cathedral property includes several highly prospective mineralized
areas identified to date, including the ‘Cathedral Area’ on which the Company’s exploration is currently
focused.
The Bullard Pass Property is comprised of 171 unpatented federal lode claims totaling 3,420 acres and is
located in west-central Arizona, northwest of Phoenix, within the Pierce Mining District of Yavapai County.
The property has a regional setting typical of detachment fault gold deposits and has geological, mining and
metallurgical similarities to the Mesquite Mine in California . The claims are 100% owned by IMC
International Mining Corp.
Forward-Looking Information: This news release cont ains "forward -looking information" within the
meaning of applicable securities laws relating to statements regarding the Company's business, products
and future of the Company’s business. 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's products and plan will vary from those stated in this news release
and 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. The statements in this news release are mad e as of the date of
this release.
The CSE has not reviewed, approved or disapproved the content of this press release